11 Clear Ways Inflation and Interest Rates Affect You — What It Means for Your Savings & Debt
Inflation and Interest Rates Affect You: Inflation and interest-rate moves sound like central-bank jargon — until they change your grocery bill, mortgage payment, or the interest you earn on savings. This guide explains, step-by-step and plain-English, what inflation is, how the Federal Reserve uses interest rates to fight or accommodate it, and exactly what you … Read more