What are Interest Rates? | Ask an Economist
5:00
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What are Interest Rates? | Ask an Economist
What are interest rates and how do they impact the economy? We answer these questions in our newest episode of Ask an Economist. 00:48 - What are interest rates? 01:37 - How does the central bank’s interest rate impact the economy? 02:50 - How do rising interest rates affect inflation? 03:42 - Why do we increase interest rates?
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