The real challenge was to model all the interest rates simultaneously, so you could value something that depended not only on the three-month interest rate, but on other interest rates as well.
Related quotes
When interest rates are high you want the average direction in which interest rates are moving to be downward; when interest rates are low you want the average direction to be upward.
And so Fannie Mae produces very strong results for investors in - when interest rates are high and when interest rates are low, in recession and during booms.
quote by Franklin Raines

Submitted by Lucian Velea
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Pay You Back With Interest
(clarke / hicks / nash)
Too many people need me
Ive got so much, so much to do
But when my travelling is over
Ill pay you back with interest
Ill pay you back with interest
It seems unfair to leave you
And sell myself the way I do
But when my wandering is over
Ill pay you back with interest
Ill pay you back with interest
Most of my life Ive been moving
And when I tire out Ill come home to you
But until then Ill be waiting
Ill pay you back with interest
Ill pay you back with interest
How cold is my room, (how cold is my room)
Without your love beside me
We look at the same old moon (looking at the moon)
But youre not here beside me
Ill pay you back with interest
Ill pay you back with interest
Break
Too many people need me
Ive got so much, so much to do
But when my travelling is over
Ill pay you back with interest
Ill pay you back with interest
song performed by by Hollies

Submitted by Lucian Velea
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Interest Rate
Interest rate should be fixed
In such a manner and style
So that both the commercial banks
And their clients are benefited
But unfortunately many people
Incur loss as a result of
High interest rate
The central bank should encourage
The commercial banks
To go for investment
In the lucrative sectors
In order to create more fund
And to enable them to give more loans
And lower interest rate
For the entrepreneurs
If the commercial banks
Lower interest rate
For the depositors
The latter will not be discouraged much
Since people deposit money mainly
To keep it in a safe place
If the commercial banks
Lower interest rate
For the entrepreneurs
Many more people will take loan
As a result
Both the parties will be benefited
According to Islam
If there is more good elements
Than bad effects
Exist in a thing
It becomes halal
Therefore if most of the people are benefited
By taking loans it becomes okay
poem by Asif Andalib

Submitted by Poetry Lover
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Well, we're just now seeing the reductions in mortgage rates. The mortgage rates are based on the ten-year rate and the Fed controls the overnight or the shorter rates.
quote by Franklin Raines

Submitted by Lucian Velea
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The government must do all it can to help reduce interest rates for business.
quote by Pauline Hanson

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I want to build a studio in my backyard. The interest rates are low now, so who knows.
quote by Paul Taylor

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And so the danger for the housing industry is if we see interest rates rise.
quote by Franklin Raines

Submitted by Lucian Velea
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Well, you know, we've got a lot of stimulus in the economy already from the tax cut, from the lowered interest rates, and also from the refinancing of mortgages.
quote by Franklin Raines

Submitted by Lucian Velea
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Invest In Friends
Invest in friends
With reliable interest rates
For good returns
poem by Stevie Taite

Submitted by Poetry Lover
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I would also certainly continue to keep loan repayment interest rates as low as possible. And I would spread the financial aid a little less thinly across all income brackets.
quote by Charles Vest

Submitted by Lucian Velea
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We believe that the Federal Reserve has to carry on with a progressive increase in interest rates as a consequence of the American economy.
quote by Rodrigo Rato

Submitted by Lucian Velea
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Our tree is actually a tree of the short-term interest rate. The average direction in which the short-term interest rate moves depends on the level of the rate. When the rate is very high, that direction is downward; when the rate is very low, it is upward.

Sleep is the interest we have to pay on the capital which is called in at death; and the higher the rate of interest and the more regularly it is paid, the further the date of redemption is postponed.
quote by Arthur Schopenhauer

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If we did go into a recession, something that's always possible for the U.S. or Europe, we could lower interest rates and expand the money supply without worrying about the price of gold.
quote by Jeffrey Sachs

Submitted by Lucian Velea
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We have one of the highest interest rates in the world, and we owe more money per capita than any other country. All we need is a nail hole in the bottom of the boat and we're sunk.
quote by Pauline Hanson

Submitted by Lucian Velea
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Self Defeating Foolishness
No interest they have in politics.
Believing that and religion do not mix.
No interest expressed in local business.
And yet they insist...
Changes must come to exist!
No interest do they have,
With the lack of discipline shown.
And the disrespect accepted and known.
No one wishes to participate,
In doing those things that are right.
But quick they are to pass judgements.
And witness those in conflict...
As they sit and gossip as if to benefit!
No interest in progress or moving ahead.
As those who do this among them...
They do their best to keep them down instead.
And when they notice they are all of the same mind...
Knitted together by the same common thread.
They want to come together and unify!
Crying they've been left behind...
To entertain themselves,
With more nonsense to spread!
And this is done not 'some'...
But all of the time!
And they come together,
To denounce others who express,
No interest in them...
Or their self defeating foolishness.
poem by Lawrence S. Pertillar

Submitted by Poetry Lover
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The supply-side effect of a restrictive monetary policy is likely to be perverse, in that high interest rates enter into costs and thus exert inflationary pressure.
quote by William Vickrey

Submitted by Lucian Velea
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I mean, I'm a conservative. I believe that, you know, if you borrow too much, you just build up debts for your children to pay off. You put pressure on interest rates. You put at risk your economy. That's the case in Britain. We're not a reserve currency, so we need to get on and deal with this issue.
quote by David Cameron

Submitted by Lucian Velea
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An individual, in promoting his own interest, may injure the public interest; a nation, in promoting the general welfare, may check the interest of a part of its members.
quote by Friedrich List

Submitted by Lucian Velea
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