This credit increased, its cost declined, and the reduction of the interest rate thus led to a marked reduction in the price of consumer credit, and subsequently to the increase of such credit, which in the end supported the increase in private consumption by a relatively rapid prate in recent years, primarily in 2015.
We celebrate the various and plural approaches and perspectives presented at this conference, and above all, we affirm our commitment to critical reflection and academic excellence. Once again, we thank you all for being part of the Money and Banking Conference. We hope you have enjoyed it as much as we have. We look forward to meeting you again at next year’s edition.