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Almost every day, there’s another discussion in the various news outlets concerning the direction of interest...

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Finance

Almost every day, there’s another discussion in the various newsoutlets concerning the direction of interest rates and the effecton the economy, various industries, and the individual consumer.Discuss the factors that influence interest rates, and why interestrates are so critical to economic growth or retraction.

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Answer Factors affecting Interest rate Interest rate is affected by these factors Economic growth rate Inflation Unemployment Exchange rate Commodity prices Monetary policy Manufacturing    See Answer
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Almost every day, there’s another discussion in the various newsoutlets concerning the direction of interest rates and the effecton the economy, various industries, and the individual consumer.Discuss the factors that influence interest rates, and why interestrates are so critical to economic growth or retraction.

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