Rising interest rates:
- Increase the cost of borrowing
- Businesses on a variable rate may struggle to repay loans
- Small businesses are less likely to borrow money to start up or to expand
- Customers are less likely to spend money so consumer spendin
Falling interest rates:
- Lower the cost of borrowing
- Businesses will have more money to spend and cash flow may improve
- Businesses may borrow money for a start up or expansion
- Customers are more likely to borrow and spend more money so consumer spe
Comments
No comments have yet been made