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by onlyrealcuzzo
2305 days ago
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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. |
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