STACKED US QUARTER COINS ON WOODEN TABLE WITH WHITE ILLUSTRATION SHOWS INCREASING OF INTEREST RATES / FINANCIAL CONCEPT

Episode 19: The Effects of Interest Rates on…Well…Everything

Sep 16, 2022

In this episode, Eric and Katie discuss how interest rates can have a significant impact on the economy.

Here are just a handful of the things that we'll discuss:

  • When interest rates go up, borrowing becomes more expensive
  • However, interest bearing accounts become more favorable
  • When rates increase, prices on larger purchases tend to trend downward

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