Which Rates Are Converging Beneath Global Nominal Divergence?

What is interesting, though, is that this behavior of nominal rates obscures what is really happening ‘under the hood’ so to ...
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SEC caps interest rates on small loans

MANILA, Philippines — Local regulators made a significant move to combat predatory lending, imposing a cap of 6 percent per month on the nominal interest rate for loans of up to P10,000. The ...