Interest rates are influenced by a variety of factors, including economic conditions, inflation, and the policies of central banks. When interest rates are low, it becomes cheaper to borrow money, which can stimulate economic growth. Conversely, high interest rates can slow down inflation but may also make it more expensive to borrow money.
Types of Interest Rates
Factors Affecting Interest Rates
The Impact of Interest Rates on Your Finances
Tips for Navigating Interest Rates
Keyword: Interest Rate Basics
