Episode 85: Cost of Living Series: Inflation 101
Living costs are on the rise. Inflation is the measurement of the level of increase in costs.
Why then would 'those in power' increase interest rates to add to our costs?
Libby Newman - Investment Specialist at Vanguard gives us a 'crash course' on the relationship between inflation and interest rates, why costs have been rising and what central banks hope to achieve with interest rate rises.