If that's true, the central bank would have to induce more
dramatic changes in interest rates and the value of the currency to achieve its inflation goal.
The two widest spreads were the periods starting in 1971 and 1976 because of
the dramatic change in interest rates due to the spike in inflation:
Not exact matches
I think the sensitivity to
changes in interest rates is
dramatic, as it's been.
Lenders may adjust their fixed
interest rates each year for new loans or even during the year if there is a
dramatic change in market conditions.