Are interest rates high or low during a recession?

Answer Interest rates fall during a recession because there is lower demand for borrowing money. Most businesses minimize expansion during a recession and few individuals buy on credit when their job futu... Read More »

Top Q&A For: Are interest rates high or low during a recession

Why Are High Interest Rates Bad for Stock Prices?

Stock prices are very volatile. They tend to change easily based on the news of the day, the success of and trends for the company that issued the shares and overall economic conditions. This is no... Read More »

The Effect of High Interest Rates on Microlending?

Microfinance banks focus on servicing the needs of aspiring and established business men and women who live in poverty stricken countries around the world. Microloans are often small and do not typ... Read More »

How high were the consumer loan interest rates in 1982?

Mortgage rates in 1982 ranged between 13 percent and 15 percent, while the prime rate hovered between 11.5 percent and 17 percent. It was considered the last year of the 1980s recession, which was ... Read More »

How to Combat High Credit Card Interest Rates?

Many people have experienced a jump in credit card interest rates, often for no explainable reason. If your current credit card company has increased your rates, there may be something you can do a... Read More »