How do interest rates relate to savings rates? - savings rates
In the UK, the Bank of England, set@0.5%, and I know that it stimulate the economy, because we are in a period of deflation. I know that the savings rate of exchange, depending on the vote by the Bank of England, but they are exactly the same (0.5%). Why does the customer offer higher interest rates? Sorry to paint a complete theory of the firm, it is difficult for me.
Saturday, January 23, 2010
Savings Rates How Do Interest Rates Relate To Savings Rates?
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1 comments:
Banks should lend money to offer in April to encourage more people to open accounts and save. If the money is in short supply (inflation - which means more expensive to buy the same again) tend to increase prices in order to attract more investors.
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