Interest rates vary according to:
• the government's directives to the central bank to accomplish the … See more

A company borrows capital from a bank to buy assets for its business. In return, the bank charges the company interest. (The lender might also require rights over the new assets as collateral.)
A bank will … See more

Base rate usually refers to the annualized effective interest rate offered on overnight deposits by the central bank or other monetary authority.
The annual percentage rate (APR) may refer either to a … See more

Interest rate targets are a vital tool of monetary policy and are taken into account when dealing with variables like investment, inflation, and unemployment. The central banks of countries generally tend to reduce interest rat… See more

In the past two centuries, interest rates have been variously set either by national governments or central banks. For example, the Federal Reserve federal funds rate in the United States has varied between ab… See more

• Political short-term gain: Lowering interest rates can give the economy a short-run boost. Under normal conditions, most economists think a cut in interest rates will only give a short term gain in economic activity tha… See more