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  1. #1
    KLPNO is offline Senior Member
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    Default lower vs. reduce

    Hello everyone,

    I'd like to ask which word (lower or reduce) is more appropriate in the sentence:

    The bank lowered/reduced mortgage rates by 0.7% and increased car loan rates by 0.6%.

  2. #2
    riverkid is offline Banned
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    Default Re: lower vs. reduce

    Quote Originally Posted by KLPNO View Post
    Hello everyone,

    I'd like to ask which word (lower or reduce) is more appropriate in the sentence:

    The bank lowered/reduced mortgage rates by 0.7% and increased car loan rates by 0.6%.
    I often hear both, KL.

  3. #3
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    Default Re: lower vs. reduce

    Yeah, they both sound fine to me, too.

  4. #4
    jctgf is offline Key Member
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    Default Re: lower vs. reduce

    Please, could I say "The bank put the mortgage rates down by 0.7% and..."?
    Thanks.

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