03 Feb Higher Interest Rates: How Central Bank Decisions Impact Borrowers, Savers, and the Economy
[embed]https://youtu.be/LTDcwj9msgI[/embed] Central banks in the US, UK, and EU have recently raised base interest rates in response to rising inflation. In the UK and EU, interest rates have gone up by 0.5%, while in the US, they have increased by 0.25%. This move by central banks...