What would cause interest rates to rise 2024?
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Works at the International Air Transport Association, Lives in Montreal, Canada.
The higher the inflation rate, the more interest rates are likely to rise. This occurs because lenders will demand higher interest rates as compensation for the decrease in purchasing power of the money they will be repaid in the future. The government has a say in how interest rates are affected.
2023-05-08 11:14:55
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Amelia Baker
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The higher the inflation rate, the more interest rates are likely to rise. This occurs because lenders will demand higher interest rates as compensation for the decrease in purchasing power of the money they will be repaid in the future. The government has a say in how interest rates are affected.