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How do inflation and the rise in interest rates affect my money?

How do inflation and the rise in interest rates affect my money?
Acceso al documento / Access the document
Sección: Documentos electrónicos
Título: How do inflation and the rise in interest rates affect my money?
Publicación: Luxembourg : Publications Office of the European Union, 2023Descripción física: 8 p.Notas: Sumario: Inflation is a general increase in the price level of goods and services, over a period of time. Put simply, you can buy less today than you could yesterday with the same amount of money. To control inflation, central banks increase the interest rates they charge on loans to commercial banks. Commercial banks then pass on these higher rates to their clientsMateria / lugar / evento: Finanzas Educación financiera Inflación Tipos de interés Banca Inversiones financieras Productos de seguros Pensiones Otros autores: Autoridad Bancaria Europea
EIOPA
European Securities and Markets Authority
Otras clasificaciones: 921.91
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