Are interest rates more or less volatile?

Interest rates can be both more and less volatile depending on economic conditions and central bank policies. In times of economic uncertainty or high inflation, interest rates may become more volatile as central banks adjust their policies to stabilize the economy. Conversely, in stable economic conditions, interest rates tend to be less volatile, with gradual changes reflecting steady economic growth. Overall, the volatility of interest rates is influenced by various factors, including market expectations, geopolitical events, and monetary policy.