How does raising interest rates control inflation?
8:14
YouTubeThe Economist
How does raising interest rates control inflation?
When central banks raise interest rates, the impact is felt far and wide. Mortgages become more expensive, house prices might fall and unemployment can rise. So why do central banks do it? This film tells you why. 00:00 - Why should you care about rising interest rates? 00:45 - What are interest rates? 01:36 - What do central banks do? 02:14 ...
3.2M viewsJun 9, 2022
Shorts
NEW — Vice President Vance addresses concerns of Americans who say things are too expensive — and says relief is coming: "We have to remember, they're expensive because we inherited this terrible inflation crisis from the Biden administration. But you've already seen signs that things are getting better." Watch the full exclusive interview on Sean Hannity tonight at 9PM ET. | Fox News
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