Your English writing platform
Discover LudwigExact(3)
The measures gave Congress about two-and-a-half months to authorize a borrowing increase.
If it were true that lenders will always go with the flow, then artificially low interest rates should stimulate borrowing, increase credit and facilitate economic growth.
In 2000 and 2001, that rate fell to 1% and 1.6%, respectively, and was cause for much concern by economists who watched spending and borrowing increase at greater rates than saving.
Similar(57)
Consumer borrowing increases.
Previously, the Fed said July borrowing increased $5.3 billion.
The default rate steadily drops as borrowing increases.
Moreover, foreign borrowing increased, and unemployment and inflation rose steeply.
In total, net unsecured borrowing increased by £633m during the month, up from £465m in September.
Total consumer borrowing increased $18.1 billion in August compared with July, the Federal Reserve reported Friday.
Borrowing increased by $7.6 billion, or 3.8 percent, in February, the Fed said.
The buzz: "Nicely tailored to a pop landscape borrowing increasing influence from the realm of modern R&B".
Write better and faster with AI suggestions while staying true to your unique style.
Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com