Interest rates trivia

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• Which body decides Korea's base rate?Interest rates
• What generally happens to the demand for loans when rates rise sharply?Interest rates
• What generally happens to the price of bonds already issued when market rates rise?Interest rates
• What is the name of the body at the Bank of Korea that sets the base rate?Interest rates
• What do we call the rate of interest attached to borrowing money or leaving it on deposit?Interest rates
• As a rule, which is higher, the deposit rate or the lending rate?Interest rates
• What does a rate given as '3% a year' mean?Interest rates
• What changes for a saver when rates rise?Interest rates
• What generally follows when a central bank raises its base rate?Interest rates
• What changes for a borrower when rates rise?Interest rates
• Korea's base rate is set by the Bank of Korea.Interest rates
• When rates rise, saving generally becomes more attractive.Interest rates
• When market rates rise, the price of bonds already issued generally falls.Interest rates
• When rates rise, people try to borrow more money.Interest rates
• Korea's base rate is set by the National Tax Service.Interest rates
• An interest rate means the rate of interest attached to borrowing money or leaving it on deposit.Interest rates
• As a rule the lending rate is higher than the deposit rate.Interest rates
• Whether rates rise or fall, the interest burden on a loan does not change at all.Interest rates
• '3% a year' means an interest rate measured against a period of one year.Interest rates
• Everyone always borrows money at exactly the same rate.Interest rates