Re:'Fear Factor' Is Running High as Currency Markets Resume ...
by onlyrealcuzzo on Sunday March 01, 2020 @04:40PM
(#22459565)
Somewhat counter-intuitively, but didn't Double Line (or some other firm) produce an article that the lower interest rates are, the less affect there is in lowering the rate?
One would assume that a cut from 1% to 0.5% would mean a 50% change in Interest Payments. While a 8% to a 7.5% cut would mean only a ~6% change.
In practice, it's much more complicated than that.
One would assume that a cut from 1% to 0.5% would mean a 50% change in Interest Payments. While a 8% to a 7.5% cut would mean only a ~6% change.
In practice, it's much more complicated than that.