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

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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