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The proportion of an amount loaned which a lender charges as interest to the borrower, normally expressed as an annual percentage. The interest rate is typically determined by a combination of market forces and monetary policy.
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Why aren't house prices included in CPI?
Swedens central bank recently lowered their prime rate to -0.25% from -0.10% in an effort to avoid deflation.
At the same time, house and apartment prices are higher than ever, up 11% last 12 months …