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When the economy slackens, central banks lower interest rates in an effort to boost growth and activity. When the economy is strong, rates rise. Rate reductions are intended to lower borrowing costs, which will increase consumer and business confidence and encourage investment and spending. Several aspects of the economy are impacted by changes in interest… Continue reading HOW INTEREST RATES AFFECT THE ABILITY OF CONSUMERS AND BUSINESSES TO ACCESS CREDIT?
When the economy slackens, central banks lower interest rates in an effort to boost growth and activity. When the economy is strong, rates rise. Rate reductions are intended to lower borrowing costs, which will increase consumer and business confidence and encourage investment and spending. Several aspects of the economy are impacted by changes in interest… Continue reading INTRODUCING HIGH GROWTH HIGH MOMENTUM STOCKS
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