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Rivers, MB | so if goods cost more, spending decreases which can push an economy towards a recession which then usually means interest rates drop more to try and stimulate the economy?? I'm a little confused about what this could mean. I'm not old enough to have experienced many ups and downs of an economy. The background to my question is that we're needing to make a decision in the next little while whether to lock in a land loan interest rate. What are some words of wisdom from those that have studied economics or experienced good and bad times???
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Feds cut loan rate
