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Lower borrowing costs mean lower deficits.
Furthermore, greater asset redeployability also implies lower borrowing costs.
Lower borrowing costs equate to downward pressure on the pound.
They will also benefit from the lower borrowing costs.
But he erred on the side of supporting growth with lower borrowing costs.
The sharply lower rates reflect a more general trend in lower borrowing costs here.
Stock prices, which normally rally when the Fed hints it will lower borrowing costs, tumbled instead.
A leveling of wage growth also persuaded rate setters to lower borrowing costs, Mr. Simor said.
The Fed's moves have helped lower borrowing costs, according to one measure.
For consumers, the Fed's move could mean lower borrowing costs for mortgages and automobile loans.
Without lower borrowing costs, Wall Street fears, business conditions may worsen and corporations become less profitable.
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