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Anonymous

18 Apr 2019

Events

How do interest rates affect the markets?

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Nicholes Wong

03 Mar 2019

Diploma in Business Management at Nanyang Polytechnic

High interest rates means that borrowing money will be more expensive and it is better for people to save money which will decrease spending to slow down economy. Low interest rates means that people can borrow more money and people who save money will be affected which will increase spending to boost economy.

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