[{"data":1,"prerenderedAt":58},["ShallowReactive",2],{"term:interest-rate":3},{"term":4,"related":45},{"id":5,"title":6,"body":7,"category":27,"description":28,"extension":29,"faq":30,"meta":31,"navigation":32,"path":33,"related":34,"seo":38,"stem":39,"takeaways":40,"__hash__":44},"terms\u002Fterms\u002Finterest-rate.md","Interest Rate",{"type":8,"value":9,"toc":22},"minimark",[10,15,19],[11,12,14],"h2",{"id":13},"understanding-interest-rate","Understanding Interest Rate",[16,17,18],"p",{},"An interest rate is what a lender charges a borrower, stated as an annual percentage of the principal.",[16,20,21],{},"Central bank policy rates influence rates on mortgages, loans, savings accounts, and bonds across the economy.",{"title":23,"searchDepth":24,"depth":24,"links":25},"",2,[26],{"id":13,"depth":24,"text":14},"economy","The cost of borrowing money, or the return for lending it, as a percentage per year.","md",[],{},true,"\u002Fterms\u002Finterest-rate",[35,36,37],"compound-interest","inflation","bond",{"title":6,"description":28},"terms\u002Finterest-rate",[41,42,43],"An interest rate is the price of borrowing money.","Central banks set short-term policy rates.","Rates affect loans, savings, and asset prices.","wXCOorzDsT-0cnrn3ZzlYhFwozW8WlYQZjvMP-nJWbs",[46,50,54],{"title":47,"description":48,"path":49},"Bond","A loan an investor makes to a government or company in exchange for interest payments.","\u002Fterms\u002Fbond",{"title":51,"description":52,"path":53},"Compound Interest","Interest earned on both the original principal and on interest already earned.","\u002Fterms\u002Fcompound-interest",{"title":55,"description":56,"path":57},"Inflation","The rate at which the general level of prices rises, eroding purchasing power.","\u002Fterms\u002Finflation",1793226379201]