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market rate
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What the base rate and the market rate are?economy 2025. 3. 6. 17:21
Think of the base rate as the "main interest rate" set by a country's central bank(like the Federal Reserve iin the U.S. or the Bank of England in the U.K.). It's like the foundation of all borrowing costs in the economy. Banks use this rate when borrowing money from the central bank, and it influences how much they charge costomers for loans.Now, the market rate is the actual interest rate you ..