The Bank of England is reporting that lower interest rates raise the prices of things bought with borrowed money. Well, thanks for that, would never have thought it. But then they go on to be a bit more subtle, lower interest rates create babies:
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Researchers at the UK’s central bank set out to investigate whether its policy and mortgage rates can impact couples’ decisions on whether or not to have children.
They found that cutting interest rates appeared to stimulate more than just the economy, with an extra 14,500 babies born in 2009 after it slashed borrowing costs during the global financial crisis.