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Exact(25)
Major changes like reducing the interest rate are considered a loan modification.
Tax cuts and the 45-year low in the Fed's benchmark interest rate are encouraging consumers to keep spending and companies to invest in new equipment.
The size of the sweetener and the final interest rate are expected to be set by eurozone officials before the finance ministers' meeting on Monday.
The net effect on the exchange rate, the cost of capital and, therefore, demand, might be modest.Liberalising the exchange rate and the interest rate are both necessary reforms.
At around 4.2%, yields on ten-year Treasury bonds, America's benchmark long-term interest rate, are virtually identical to where they were a year ago (see chart).
After the burst of strength in the dollar, which is unlikely to be reversed while further hefty increases in the official interest rate are expected, the trend of sterling, the euro and lesser currencies needs watching.
Similar(34)
Thus, the legal interest rate was lowered.
The interest rate is currently about 4 percent.
Its interest rate is similar, at 49.9%.
The annual interest rate is 2.5%.
The interest rate was 12.15 percent.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com