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What would cause interest rates to rise 2024?
rate
interest rates rise
Questioner:Charlotte Scott 2023-05-07 11:14:55
The most authoritative answer in 2024
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Penelope Gonzales——Studied at the University of São Paulo, Lives in São Paulo, Brazil.
The higher the inflation
rate, the more
interest rates are likely to
rise. This occurs because lenders will demand higher
interest rates as compensation for the decrease in purchasing power of the money they will be repaid in the future. The government has a say in how
interest rates are affected.
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