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explain what interest rates (how would you define interest rates?) are, Why are interest rates important (from an economic perspective) to borrowers and savers? What
- explain what interest rates (how would you define interest rates?) are, Why are interest rates important (from an economic perspective) to borrowers and savers?
- What are the components of interest rates (a starter is the real rate)?
- What has been the general direction of interest rates (over the last 6 - 12 months)? Any changes expected in interest rates over the next 6 - 12 months?
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