alexandriaruthk profile image 52

Which is better for an economy with slow growth, to increase or decrease the interest rate?

Increasing the interest rate as a monetary policy will affect for example two important sector - automobile and housing. Some economists argue that lowering the interest rate will help the people cope with their debts. Increasing interest rate is the opposite of just that. What is your opinion?


sort by best latest

Gamerelated profile image84

Gamerelated says

You can help the HubPages community highlight top quality content by ranking this answer up or down.

5 years ago
 |  Comment