Historically low rates of interest have helped the U.S. economy recover from the Great Recession. But there have been casualties. Savers — and the wider economy — have lost interest income from deposits and investments that could total $500 billion. This probably hurt those who are retired, or on a fixed income, the most.Click the audio player above to hear the full story.

Wealth & Poverty from Marketplace APM

Low interest rates have cost savers roughly half a trillion dollars

The Marketplace Wealth and Poverty Desk explores money and class, where we came from and where our country is going economically, thanks to funding from the Ford Foundation. We want to hear your stories, ideas, and questions to help us create great journalism about the growing concentration of wealth in the United States. We’ll report on the forces and policies that led to the wealth gap. We’ll look at what the consequences are, good or bad, for our families and communities. We’ll be asking you what economic choices our country should make.

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Wealth & Poverty from Marketplace APM