interest rates Flashcards
1
Q
what is the current level of interest rate
A
5.25 percent
2
Q
what is the current average cost of borrowing in commercial banks
A
6.25 percent
3
Q
what is the level of consumer confidence
A
very poor ( liquidity traps)
4
Q
how willing are banks to lend
A
good
5
Q
what is the business confidence like
A
poor
6
Q
what is the level of QE
A
895 billion pounds