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Even a small interest rate rise will send a million more into deep trouble.
Two small interest rate cuts in June and July also aimed to improve growth.
Two small interest rate cuts by the Bank of China in June and July also aimed to bolster growth.
First, it could exchange some of its debt for perpetuities, bonds that are never repaid, but pay a (small) interest rate each year.
Even a small interest rate rise could have a devastating effect on some people with mortgages, according to Campbell Robb, chief executive of Shelter.
Relaxed restrictions on bank lending, accelerated infrastructure investment, and two small interest rate cuts over the summer have helped reinject some dynamism, analysts said.
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"But, if you have a few small low interest rate bills out there, it is okay to pay those off if it gives you peace of mind, " she said.
Even if the Fed funds rate falls all the way to zero, that will be a smaller interest rate reduction than the last time around.
But some people might still see substantial savings with a smaller interest rate change, depending on the size of their mortgage, their closing costs and other factors, Miller says.
Remember: credit unions - If you are a member of a credit union, you will be able to apply for a larger auto loan with a smaller interest rate than at some other institutions.
A small interest-rate increase would not do much to persuade foreign investors to keep their money in South Africa.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com