Interest rates likely to fall to pre-Covid levels, IMF predicts
The IMF predicts borrowing costs will fall back once high inflation is brought under control. …
“The amount that you spend relative to your income is highest when you’re in your 20s, 30s and 40s – often that’s maybe young families, when you’ve got households forming, you’ve got couples coming together, they tend to spend the most when they decorate and buy a car or whatever, and you as you get older in life you slow down your consumption,” he said.
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