{"id":575730,"date":"2023-12-13T12:35:44","date_gmt":"2023-12-13T17:35:44","guid":{"rendered":"https:\/\/erickimphotography.com\/blog\/?p=575730"},"modified":"2023-12-13T12:37:28","modified_gmt":"2023-12-13T17:37:28","slug":"interest-rates-and-the-economy-connection","status":"publish","type":"post","link":"https:\/\/erickimphotography.com\/blog\/2023\/12\/13\/interest-rates-and-the-economy-connection\/","title":{"rendered":"Interest rates and the economy connection"},"content":{"rendered":"\n<ol class=\"wp-block-list\">\n<li>Low interest rate *encourages* people to borrow more and spend more?<\/li>\n\n\n\n<li>Cheaper borrowing \u00e2\u20ac\u00a6 encourages spending and investing?<\/li>\n\n\n\n<li>People want access to more funds?<\/li>\n<\/ol>\n\n\n\n<p>One sentence:<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>Low interest rates encourage borrowing and spending, which can stimulate the economy, while high interest rates can have the opposite effect, acting like a brake on economic growth.<\/p>\n<\/blockquote>\n\n\n\n<p>why? One sentence:<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>Interest rates impact the economy because they affect the cost of borrowing, which in turn influences people&#8217;s and businesses&#8217; decisions to spend and invest.<\/p>\n<\/blockquote>\n","protected":false},"excerpt":{"rendered":"<p>One sentence: Low interest rates encourage borrowing and spending, which can stimulate the economy, while high interest rates can have the opposite effect, acting like a brake on economic growth. why? One sentence: Interest rates impact the economy because they affect the cost of borrowing, which in turn influences people&#8217;s and businesses&#8217; decisions to spend [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"advanced_seo_description":"","jetpack_seo_html_title":"","jetpack_seo_noindex":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[17],"tags":[],"class_list":["post-575730","post","type-post","status-publish","format-standard","hentry","category-posts"],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/erickimphotography.com\/blog\/wp-json\/wp\/v2\/posts\/575730","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/erickimphotography.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/erickimphotography.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/erickimphotography.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/erickimphotography.com\/blog\/wp-json\/wp\/v2\/comments?post=575730"}],"version-history":[{"count":4,"href":"https:\/\/erickimphotography.com\/blog\/wp-json\/wp\/v2\/posts\/575730\/revisions"}],"predecessor-version":[{"id":575735,"href":"https:\/\/erickimphotography.com\/blog\/wp-json\/wp\/v2\/posts\/575730\/revisions\/575735"}],"wp:attachment":[{"href":"https:\/\/erickimphotography.com\/blog\/wp-json\/wp\/v2\/media?parent=575730"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/erickimphotography.com\/blog\/wp-json\/wp\/v2\/categories?post=575730"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/erickimphotography.com\/blog\/wp-json\/wp\/v2\/tags?post=575730"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}