The Interest Rate should be as low as possible, then it becomes less of a struggle for
people to borrow and grow their business from that. Benjamin Franklin's "stricture" that it should be six percent is very sound. If the economies where it is more were to
reduce it towards this figure, it will aid their citizens greatly in creating enterprise
In the mature economies, the interest rates have to be as low as possible, as the
house-price inflation there necessitates adjustment till the housing market is more
stable at sustainable prices. I would say the 19 million houses lying foreclosed in the
USA and being classed as "toxic assets" are collectively worth about $4.75 Trillion - yes,
Trillion Dollars - and are very real and valueable assets. They should be opened,
done up, and put into use.
The price of oil is the other main macro driver. Also, the lower it is, the better.
The third macro driver - you choose : employment creation, policies, co-operation
between the Democrats and Republicans, socialists and conservatives.
If policy drives the two others, a desireable outcome could be obtained.