The real challenge was to model all the interest rates simultaneously, so you could value something that depended not only on the three-month interest rate, but on other interest rates as well.

When interest rates are high you want the average direction in which interest rates are moving to be downward; when interest rates are low you want the average direction to be upward.

Rate cuts may spur credit growth, however a government will have to keep a closer eye on it's inflation in order to minimize the demand pull inflationary effect

It's sort of like a teeter-totter; when interest rates go down, prices go up.

In a relatively low interest rate environment, Commercial Banks will record growth in deposits via the growth in the Current And Savings Accounts (CASA) base owing to the prevailing low rate differential between Fixed Deposits and Savings Deposits

Studies on interest rates charged by the Mafia in New York City in the 1960s found an average rate of 250 percent. So, payday lenders in Utah charge more than twice as much as the Mafia loan syndicates. It shows it has gotten out of hand.