71. Commercial banks cut their lending rates, making it cheaper for companies and consumers to borrow and spend. 72. Concern that interest rates may rise weighs on bonds because record-low interest rates make it cheaper for investors to fund bond purchases. 73. Cuts are meant to stimulate corporate and consumer spending by making it cheaper to borrow money. 74. Cutting rates can boost the economy by making it cheaper for businesses and consumers to borrow money, but may also lead to inflation. 75. Craft argues that the Internet could make elections cheaper. 76. Demand for imports, made cheaper by the strong yen, is growing among Japanese consumers and companies. 77. Cuts in interest rates make it cheaper for the banks to lend money, by lowering the cost of their own borrowing. 78. Fading prospects for an interest rate cut could hurt stocks because lower rates make it cheaper for companies to borrow money and invest. 79. Falling rates make it cheaper for consumers to take out loans for big-ticket items like cars. 80. Falling interest rates reduce development costs and make mortgages cheaper for home buyers. |