The Economics of Money and Banking Chapter 4 Interest and Interest Rate >>Types of Interest Rates 1 D:fixed and floating interest rates Interest Rate Fixed interest rate is the rate that is not adjusted during the period Understanding Interest and of financing ■ Floating interest rate is the rate that is not static during the period of financing,but is adjusted according to the change of market interest rates now and then. 11 GUO YING SEM TONGJI UNIVERSITYThe Economics of Money and Banking 11 GUO YING SEM TONGJI UNIVERSITY 1 Types of Interest Rates  Fixed interest rate is the rate that is not adjusted during the period of financing  Floating interest rate is the rate that is not static during the period of financing, but is adjusted according to the change of market interest rates now and then. Chapter 4 Interest and Interest Rate Interest Rate Understanding Interest and D: fixed and floating interest rates