best answer > How do banks set their interest rates 2024?- QuesHub | Better Than Quora
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  • Amelia Kim——Studied at the University of Seoul, Lives in Seoul, South Korea.

    These factors all affect the demand for loans, which can help push rates higher or lower. When demand is low, such as during an economic recession, banks can increase deposit interest rates to encourage customers to lend, or lower loan rates to incentivize customers to borrow.read more >>
    +119962023-05-12 11:51:24

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