Real interest rates are dictated by the rate of inflation. Higher inflation rates erode consumers’ purchasing power and the amount of interest earned from investments such as deposits.
Interest rate cuts are always good for most businesses, but we may not be getting the dramatic cuts that we were hoping for.
When the interest rate changes, there are real-world effects on how both businesses and consumers make purchases. To understand how interest rates affect your personal finances, you need to ...
As the United States emerges from the COVID-19 pandemic, increases in interest rates have strengthened the value of the U.S. dollar. The Effect of Interest Rates Generally, higher interest rates ...