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    The impact of rising interest rates.

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    How does increased interest rates affect the economy?

    © BrainMass Inc. brainmass.com October 9, 2019, 3:24 pm ad1c9bdddf
    https://brainmass.com/economics/banking/impact-rising-interest-rates-3775

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    The impact of inflation on the economy and what measures should be undertaken to prevent the economy from overheating is always in the news. For example, in Canada, the central bank has been raising interest rates in 2002 because of the fact that the overall economy has been producing ...

    Solution Summary

    The impact of inflation on the economy and what measures should be undertaken to prevent the economy from overheating is always in the news. For example, in Canada, the central bank has been raising interest rates in 2002 because of the fact that the overall economy has been producing better than expected results in the last few quarters.

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