The impact of macroeconomic factors on the fluctuation of loan interest rates
This paper examines the impact of macroeconomic factors on the fluctuation of loan interest rates. Using empirical data and statistical analysis, the main macroeconomic factors influencing the fluctuation of loan interest rates are identified and evaluated. The gross domestic product (GDP) factor, inflation and demographic trends are considered in this analytical research. The results of the study reveal a significant relationship between these factors and the fluctuation of interest rates, thus providing a deeper understanding of how these macroeconomic variables affect the financial market and the decisions of borrowers and lenders. This study contributes to the literature by providing new insights into the dynamics of interest rates in a developing economy.
Authors
- Kestrim Avdimetaj
- Fidane Spahija-Gjikolli (ORCID: https://orcid.org/0000-0003-2617-6760)
- Engelbert Zefaj
Institutions
- University for Business and Technology (XK)
Publication Details
- Journal
- Multidisciplinary Science Journal
- Published
- 2025-03-02
- DOI
- https://doi.org/10.31893/multiscience.2025358
- Citations
- 1
- Primary Topic
- Economic Theory and Policy
- Type
- article
- Field-Weighted Citation Impact
- 3.09