Quotes About Interest

Politicians attend dinners at hotels with contractors. Bankers discuss interest rates at lunch.

If we were to underrun our inflation objective over a period of time that we tried to increase interest rates, I think that would be worrisome.

A number of non-banking finance companies have entered the rural microcredit market. Many microcredit agencies have been charging interest rates not very dissimilar to those charged by moneylenders. Borrowing then becomes more to meet pressing consumption needs, rather than for farming or small-scale enterprises.

There are so many instances in banking where 'free' simply doesn't mean free, whether it's opaque overdraft charges or credit card providers that are quietly raising interest rates without customers noticing.

The Fed's ability to raise and lower short-term interest rates is its primary control over the economy.

If inflation-adjusted interest rates decline in a given country, its currency is likely to decline.

To pump up consumer or government demand would force interest rates up and asset prices down, possibly by enough to destroy more jobs than are created.

Low interest rates are a big opportunity for investment. But the issue is that this money should go to the real economy, not the financial economy.

Negative interest rates have been employed by many, many central banks.

For people who grew up in the last four decades of the 20th century, it is hard to grasp the concept of negative interest rates. How is it even possible? If interest rates are the price of money, is the marketplace broadcasting that money is on sale? Are we just giving it away?

You cannot take bank interest rates very sharply down: you will lose your deposit franchise.

Public borrowing is costly these days, true, but interest rates on municipal bonds are still considerably lower than those borne by corporate debt.

And so the danger for the housing industry is if we see interest rates rise.

Let's get one thing straight: No one wants Stafford loan interest rates to increase.

Homeowners refinance their loans when interest rates go down. Businesses refinance their loans.

It has always been more expensive for the poor to borrow money. We see this in everything from mortgage rates to credit cards.

When the time comes to raise rates, I do think there will be some benefits that flow through to savers.

If you're making all your money simply betting on interest rates, that's not a business. Flow is a business. On the outside, they look the same for a while. But when you dig into them, no, they weren't exactly the same.

If inflation is brought down, interest rates will fall. Once rates fall, we have the opportunity to maybe achieve the goal of 'housing for all' faster; take roads, infrastructure to India's interiors.

When interest rates are coming down, you cannot have high margins.

What is important is that in a capital-scarce country like India, the real interest rate needs to be positive enough to encourage healthy growth of financial savings; we get into macro difficulties when real rates on financial savings become negative for a length of time.

Do not enter into an agreement you cannot afford. Take precautions to avoid institutional loans with double-digit interest rates.

The degree of monetary policy ease should be associated with the level of real interest rates, not nominal interest rates.

Over time, low rates can put pressure on the business models of financial institutions.