Study: Capping Interest Rates Reduces Lending, Consumption, Affects Investments

03.12.2018 By Oana Gavrila

A cap on interest rates, currently under debate in parliament, would lead to lower household lending, would reduce consumption and could affect investments, thus hindering economic growth leading, according to a study by KPMG Advisory.

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Keywords:
BANKS
, INTEREST RATES
, IMPACT STUDY