Are higher interest rates good 2024?
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Works at the International Energy Agency, Lives in Paris, France.
Whenever interest rates are rising or falling, you commonly hear about the federal funds rate. ... Because higher interest rates mean higher borrowing costs, people will eventually start spending less. The demand for goods and services will then drop, which will cause inflation to fall.
2023-05-08 11:14:45
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Whenever interest rates are rising or falling, you commonly hear about the federal funds rate. ... Because higher interest rates mean higher borrowing costs, people will eventually start spending less. The demand for goods and services will then drop, which will cause inflation to fall.
