For example, in USA interest rates are 1-2% percents, while in Russia it is normal to have up to 8% anually for US dollars account. Same goes for Euro. For Russian ruble it can be up to 12%, but with ...
Ben Bernake said today that he can't lower interest rates further because they can't be lowered below zero. IIUC benchmark interest rates are determined by what someone is willing to pay in an ...
When people say 'Interest rates are at all time low!" … Which interest rate are they actually referring to?
When we talk of 'rising interest rates' or 'falling interest rates', which interest rates are we referring to? - The interest given to the individual by the bank on a savings account? - The interest ...
My knowledge of how interest rates work (please correct me if I'm wrong) is that it is set by the Central Bank of a country. They're supposed to be apolitical and independent and their decision ...
This term has been proposed in economics, what exactly is it? I thought interest rates never fall below zero. How would this work? Wouldn't it actually be a penalty to depositor/investor or a bonus ...