Why are higher interest rates good for the Economy?
Questions asked:
I read the news that the Bank of Japan is going to increase the interest rates.I thought that low interest rates promote investment and boost the confidence in the economy. So, why does the Bank of Japan want to raise the interest rates..
MARK
I read the news that the Bank of Japan is going to increase the interest rates.I thought that low interest rates promote investment and boost the confidence in the economy. So, why does the Bank of Japan want to raise the interest rates..
MARK




