DedB asked:
Hi, folks, I wanna know what’s the correlation between interest rates and business cycles?
Hi, folks, I wanna know what’s the correlation between interest rates and business cycles?
Like, when the economy is booming , are the interest rates low or high?? And when the economy is sluggish, are the interest rates low or high?
PLUS, I wanna know which factor is the causal factor? I mean, is low/high interest rate a RESULT of economic boom/recession or is it a CAUSAL factor? Thanks
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