High Quote by Chanda Kochhar
“Nobody likes high interest rates.”
About This Quote
High interest rates burden borrowers and slow economic activity.
In simple terms: High rates hurt borrowers.
Beware borrowing when rates are high.
Themes
Mood
Type
When to use this quote
- mortgage decisions
- business investment
- personal loans
- government budgeting
Key Concepts
Questions to Reflect On
- How do high rates affect your financial plans?
- What alternatives exist to borrowing?
Rates may be necessary to curb inflation.