The benchmark interest rate in the United States was last recorded at 4.50 percent. This dataset provides the latest reported value for - United States Fed Funds Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

United States CSI: Expected Interest Rates: Next Yr: Go Down data was reported at 4.000 % in May 2018. This records a decrease from the previous number of 6.000 % for Apr 2018. United States CSI: Expected Interest Rates: Next Yr: Go Down data is updated monthly, averaging 11.000 % from Jan 1978 (Median) to May 2018, with 485 observations. The data reached an all-time high of 54.000 % in Jun 1980 and a record low of 3.000 % in May 2014. United States CSI: Expected Interest Rates: Next Yr: Go Down data remains active status in CEIC and is reported by University of Michigan. The data is categorized under Global Database’s USA – Table US.H030: Consumer Sentiment Index: Unemployment, Interest Rates, Prices and Government Expectations. The question was: No one can say for sure, but what do you think will happen to interest rates for borrowing money during the next 12 months -- will they go up, stay the same, or go down?

The benchmark interest rate in Japan was last recorded at 0.50 percent. This dataset provides - Japan Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

United States US: Real Interest Rate data was reported at 2.208 % pa in 2016. This records an increase from the previous number of 2.152 % pa for 2015. United States US: Real Interest Rate data is updated yearly, averaging 3.162 % pa from Dec 1961 (Median) to 2016, with 56 observations. The data reached an all-time high of 8.720 % pa in 1981 and a record low of -1.280 % pa in 1975. United States US: Real Interest Rate data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s United States – Table US.World Bank.WDI: Interest Rates. Real interest rate is the lending interest rate adjusted for inflation as measured by the GDP deflator. The terms and conditions attached to lending rates differ by country, however, limiting their comparability.; ; International Monetary Fund, International Financial Statistics and data files using World Bank data on the GDP deflator.; ;

Senegal SN: Interest Rate Spread data was reported at -1.630 % pa in 2016. This records an increase from the previous number of -1.844 % pa for 2015. Senegal SN: Interest Rate Spread data is updated yearly, averaging -3.008 % pa from Dec 2005 (Median) to 2016, with 12 observations. The data reached an all-time high of -0.558 % pa in 2005 and a record low of -3.602 % pa in 2009. Senegal SN: Interest Rate Spread data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Senegal – Table SN.World Bank.WDI: Interest Rates. Interest rate spread is the interest rate charged by banks on loans to private sector customers minus the interest rate paid by commercial or similar banks for demand, time, or savings deposits. The terms and conditions attached to these rates differ by country, however, limiting their comparability.; ; International Monetary Fund, International Financial Statistics and data files.; Median;

The benchmark interest rate in Sweden was last recorded at 2 percent. This dataset provides the latest reported value for - Sweden Interest Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Nepal NP: Real Interest Rate data was reported at -6.207 % pa in 2010. This records an increase from the previous number of -6.823 % pa for 2009. Nepal NP: Real Interest Rate data is updated yearly, averaging 3.657 % pa from Dec 1975 (Median) to 2010, with 29 observations. The data reached an all-time high of 18.214 % pa in 1977 and a record low of -12.173 % pa in 1975. Nepal NP: Real Interest Rate data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Nepal – Table NP.World Bank.WDI: Interest Rates. Real interest rate is the lending interest rate adjusted for inflation as measured by the GDP deflator. The terms and conditions attached to lending rates differ by country, however, limiting their comparability.; ; International Monetary Fund, International Financial Statistics and data files using World Bank data on the GDP deflator.; ;

Iran IR: Lending Interest Rate data was reported at 18.000 % pa in 2016. This records an increase from the previous number of 14.210 % pa for 2015. Iran IR: Lending Interest Rate data is updated yearly, averaging 12.000 % pa from Dec 2004 (Median) to 2016, with 13 observations. The data reached an all-time high of 18.000 % pa in 2016 and a record low of 11.000 % pa in 2013. Iran IR: Lending Interest Rate data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Iran – Table IR.World Bank.WDI: Interest Rates. Lending rate is the bank rate that usually meets the short- and medium-term financing needs of the private sector. This rate is normally differentiated according to creditworthiness of borrowers and objectives of financing. The terms and conditions attached to these rates differ by country, however, limiting their comparability.; ; International Monetary Fund, International Financial Statistics and data files.; ;

This dataset provides insights into the global housing market, covering various economic factors from 2015 to 2024. It includes details about property prices, rental yields, interest rates, and household income across multiple countries. This dataset is ideal for real estate analysis, financial forecasting, and market trend visualization.

📑 Column Descriptions

The benchmark interest rate in Mexico was last recorded at 8 percent. This dataset provides - Mexico Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The benchmark interest rate in Norway was last recorded at 4.25 percent. This dataset provides the latest reported value for - Norway Interest Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Context

Have you ever wondered how lenders use various factors such as credit score, annual income, the loan amount approved, tenure, debt-to-income ratio etc. and select your interest rates?

The process, defined as ‘risk-based pricing’, uses a sophisticated algorithm that leverages different determining factors of a loan applicant. Selection of significant factors will help develop a prediction algorithm which can estimate loan interest rates based on clients’ information. On one hand, knowing the factors will help consumers and borrowers to increase their credit worthiness and place themselves in a better position to negotiate for getting a lower interest rate. On the other hand, this will help lending companies to get an immediate fixed interest rate estimation based on clients information. Here, your goal is to use a training dataset to predict the loan rate category (1 / 2 / 3) that will be assigned to each loan in our test set.

You can use any combination of the features in the dataset to make your loan rate category predictions. Some features will be easier to use than others.

Acknowledgements

https://datahack.analyticsvidhya.com/contest/janatahack-machine-learning-for-banking/True/#ProblemStatement

https://www.googleapis.com/download/storage/v1/b/kaggle-user-content/o/inbox%2F16731800%2F3e500403e320e5a7e056cafe3515cb3d%2FSem%20ttulo.jpg?generation=1708202681385546&alt=media" alt="">

When examining the intricate relationship between economic conditions and purchasing decisions, the utilization of practice datasets can offer invaluable insights. This particular artificial dataset comprises three main components: a dimension table of ten companies, a fact table documenting purchases from these companies, and a set of data points regarding economic conditions. These elements are meticulously designed to mimic real-world scenarios, enabling analysts to dissect and understand how fluctuations in the economy can influence the purchasing behavior of different types of companies.

The dimension table serves as the foundation, listing ten distinct companies, each potentially operating in varied sectors. This diversity allows for a comprehensive analysis across a spectrum of industries, highlighting sector-specific sensitivities to economic changes. The fact table of purchases acts as a historical record, offering detailed insights into the buying patterns of these companies over time. Analysts can observe trends, frequencies, and the magnitude of purchases, correlating them with the economic conditions presented in the third component of the dataset.

The economic conditions data is pivotal, as it encompasses a variety of indicators that can affect purchasing decisions. These may include inflation rates, interest rates, GDP growth, unemployment rates, and consumer confidence indices, among others. By examining the interplay between these economic indicators and the purchasing data, analysts can identify patterns and causations. For instance, an increase in interest rates might lead to a decrease in capital-intensive purchases by companies wary of higher borrowing costs.

Through this dataset, researchers can employ statistical models and data analysis techniques to uncover how economic fluctuations impact corporate purchasing decisions. The findings can offer valuable lessons for businesses in terms of budgeting, financial planning, and risk management. Companies can use these insights to make informed decisions, adjusting their purchasing strategies in anticipation of or in response to economic conditions. This proactive approach can help businesses maintain stability during economic downturns and capitalize on opportunities during favorable economic times.

Ultimately, this practice dataset not only aids in academic and educational pursuits but also serves as a practical tool for business analysts, economists, and corporate strategists seeking to better navigate the complex dynamics of the economy and its effects on corporate purchasing behaviors.

The benchmark interest rate In the Euro Area was last recorded at 2.15 percent. This dataset provides - Euro Area Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

ABSTRACT This paper investigates the drivers of long term real interest rates in Brazil. It is shown that long term yield on inflation linked bonds are driven by yields on 10 year interest rates of United States (US) government bonds and 10 year risk premium, as measured by the Credit Default Swap (CDS). Long term interest rates in Brazil were on a downward trend, following US real rates and stable risk premium, until the taper tantrum in the first half of 2013. From then onwards, real interest rates rose due to the increase in US real rates in anticipation of the beginning of monetary policy normalization and, more recently, due to a sharp increase in Brazilian risk premium. Policy interest rates do not significantly affect long term real interest rates.

The benchmark interest rate in Brazil was last recorded at 15 percent. This dataset provides - Brazil Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

This table contains data described by the following dimensions (Not all combinations are available): Geography (1 items: Canada ...).

The benchmark interest rate in Indonesia was last recorded at 5.50 percent. This dataset provides - Indonesia Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The benchmark interest rate in Australia was last recorded at 3.85 percent. This dataset provides - Australia Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The benchmark interest rate in China was last recorded at 3 percent. This dataset provides the latest reported value for - China Interest Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.