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∙ 9y agoHigh rates.
However, high interest rates are usually a consequence of high inflation rates and so what matters is not the interest rate but the real interest rate which is the nominal interest rate relative to the inflation rate.
Thus a 3% interest rate when inflation is 1% is better that a 5% interest rate when inflation is 4%.
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∙ 9y agoWhat is important is not high interest rates but high real interest rates: that is, interest rates adjusted for inflation.If a currency has high real interest rates, foreign investors will want to buy into that currency. The increased demand will push up the price of that currency relative to other currencies and so its exchange rate will "improve".
It means that they are getting less money for deferring expenditure and saving instead. However, it is not the low nominal interest rates which matter but what the "real" interest rates are. This is the difference between the nominal interest rate and the rate of inflation. An interest rate of 2% when inflation is 0% is good news for savers but an inflation rate even as high as 10% is bad news if inflation is higher than 10%.
Because they are stupid
culture and belief in having a son is better than having daughters are reasons for high birth rate. good health care service and technology are reasons for low death rate.
demographic transition
There are many banks that offer competitive interest rates. You can check sites like Bankrate.com to compare interest rates
High interest rates increase the cost of taking out a loan, making credit purchases more expensive.
What is important is not high interest rates but high real interest rates: that is, interest rates adjusted for inflation.If a currency has high real interest rates, foreign investors will want to buy into that currency. The increased demand will push up the price of that currency relative to other currencies and so its exchange rate will "improve".
Interest rates are printed daily in the newspaper.
high interest rates such as the repo rates and high inflation rate
This will depend on debt and interest rates. If the interest rate is low, investing may be a better option. If the rate is high, it may be better to pay it off.
Absolutely, Yes Loans charges extremely high interest rates. Not only that, but they also charge a very high fee just to be accepted into their loan program. There are many other companies that can offer better loan rates than this company.
Cash advance loans rip you off with high interest rates.
Fixed deposit interest rates is a guaranteed interest rate for the entire term of an investment. They allow for the customer to earn high interest rates.
There are no high CD interest rates in today's society. To get the best rates for investing in CDs, I would check some news articles or look into High-Yield CD rates.
Financial institutions base their interest rates on fluctuation of today's market. If the market is doing well then interest rates are high. If the market is down, interest rates goes down along with it.
If you believe that interest rates will be going down in the future, the best thing to do is to invest now in a product that allows you to lock in an interest rate long term. You may not have easy access to the money, but you will be earning a high interest rate compared to what will be available in the future if you are correct.