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B. lower real interest rates and lower prices.
"At first, the goal was to lower real estate costs.
Prudent economies would be rewarded with lower real rates.
Both actions should lower real (inflation-adjusted) interest rates.
First, lower real yields spur borrowing and investment.
A combination of increased asset prices, lower real wages and a weaker currency will boost profits.
The move, they said, would lower real estate values and deprive Longnan of desperately needed jobs.
I've never wanted to live there, not even at lower real estate prices.
They say higher expected inflation would lower real interest rates, thus encouraging borrowing.
In those cases, maintaining the target would mean higher inflation to go with lower real growth.
Sluggish economies with low inflation require lower real interest rates than economic sprinters.
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