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📈 The impact of interest rate hikes and cuts on everyone 📉

For those who are involved in investing, what they are most concerned about these days is "interest rate increases/cuts". I hope the following information will be helpful to everyone🍀

Interest rate hikes/cuts are decided by the "Central Bank"! Mainly from the three perspectives of investment, loan and savings

🔺The impact of interest rate hikes/cuts on investment:

🔹Interest rate hike: Bank deposit interest rates have increased, and people prefer to save money in banks. The popularity of the housing market and stock market is likely to decrease.

🔸Interest rate cut: Loan interest rates fall, and banks have no interest, so everyone’s money will easily flow into the stock market and real estate market.

🔹Interest rate hike: The loan interest rate rises and the monthly interest increases, which easily reduces the willingness to borrow money and makes buying a house/borrowing money stressful!

🔸Interest rate reduction: The loan interest rate drops, the monthly interest decreases, it is easier to increase the willingness to borrow money, and the pressure of buying a house/borrowing money is reduced!

❓Why does the central bank raise/lower interest rates❓

🔹Raise interest rates: curb inflation and avoid currency depreciation/capital outflows

🔸Interest rate cut: Promote economic development, encourage consumption/investment, and improve export competitiveness

🍀The above is not investment advice, welcome to discuss~ #升息 #降息