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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 ...
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A new CPI report should have been released on Thursday, but key economic data is still on hold due to the government shutdown. CNBC's Steve Liesman explains how the Fed is tracking inflation and judging the possibility of December rate cut while official economic data is still absent. Watch more: cnb.cx/49WSwbw | CNBC
A new CPI report should have been released on Thursday, but key economic data is still on hold due to the government shutdown. CNBC's Steve Liesman explains how the Fed is tracking inflation and judging the possibility of December rate cut while official economic data is still absent. Watch more: cnb.cx/49WSwbw | CNBC
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