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Discuss the ways in which movements in the general level of interest rates and the level of interest rates can be expected to impact on
Discuss the ways in which movements in the general level of interest rates and the level of interest rates can be expected to impact on bank profitability. How does this change when interest rates are at historic lows (as at present)? What would you expect to happen if the OCR falls even further (even into negative values)? Why?
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