Why Do You Keep Hearing About Central Banks & Interest Rates?

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Unless you’ve been in a submarine, blocked off from worldly communication, it would be pretty fair to assume you’ve heard a lot about central banks and interest rates in the media. Particularly over the past couple of years.

We’re going through a period that is arguably quite unprecedented, and the role of the central bank is coming into question – do they have the influence they once had?

In this episode, we break down central banks and interest rates, to help you piece the economy together. We answer the following questions:

  • What are central banks?
  • Why are we talking about them now?
  • What are the goals of a central bank?
  • What is their role in the economy?
  • How do they achieve their goals?
  • What are interest rates? What is QE (quantitative easing)?
  • Which country has the lowest interest rate and which has the highest?

Knowing the role of central banks and interest rates will go a long way to helping you form a solid base understanding of the economy.

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