Learn what interest rates are and how they influence your financial decisions in everyday life, affecting everything from loans and mortgages to savings and investments.

☑ Informed Decision-Making
☑ Investment Insight
☑ Smart Financial Planning

✎ Learn The Science: Central banks around the world use interest rates as a primary tool to control inflation and stabilize their economies. For example, the European Central Bank (ECB) and the Bank of Japan (BOJ) adjust their interest rates to influence economic activity, similarly to the Federal Reserve in the United States. This interconnectedness means that changes in major economies' interest rates can have ripple effects on global trade, investment flows, and currency exchange rates.