Hi guys, I have some question about interest rate statement news.
When it says 'Interest Rate Statement', does it mean interest rate for borrowing money or investing money? I don't quite understand the concept, when interest rate get cut, does that mean it will encourage people to invest more or not?
Thanks a lot
When it says 'Interest Rate Statement', does it mean interest rate for borrowing money or investing money? I don't quite understand the concept, when interest rate get cut, does that mean it will encourage people to invest more or not?
Thanks a lot