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Inflations
Essay specific features
Written by:
Christopher R
Date added:
February 3, 2012
Level:
University
Grade:
A
No of pages / words:
4 / 900
Was viewed:
6561 times
Rating of current essay:
Essay content:
Changes in demand and output then impact on the labor market - employment levels and wage costs - which in turn influence producer and consumer prices. When the Fed increases the discount rate, it does not have an immediate impact on the stock market. Changes in the official Bank rate then affect the whole range of interest rates set by commercial banks, building societies and other financial institutions for their own savers and borrowers...
displayed 300 characters
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Changes in the official Bank rate then affect the whole range of interest rates set by commercial banks, building societies and other financial institutions for their own savers and borrowers. It will influence interest rates charged for overdrafts and mortgages, as well as savings accounts. A change in the official Bank rate will also tend to affect the price of financial assets such as bonds and shares, and the exchange rate...
displayed 300 characters
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