Friday, 17 April 2009

Q&A: Why when base rates change does it cause other interest rates to also change?



There is no guarantee that a change in base rates will cause all other interest rates to move too. That depends on the commercial decisions taken by the banks, building societies and other financial institutions.

http://www.tutor2u.net/blog/index.php/economics/comments/qa-why-when-base-rates-change-does-it-cause-other-interest-rates-to-also-ch/