How Interest Rates INCREASES Affect The Economy In CANADA (Fully Explained)

Join The Investing Academy ➤ Let's speak about interest rates! In this video we'll cover how rate of interest work, how rates of interest impact inflation and the economy! I'll aim to describe everything you need to understand about rate of interest in Canada & the US. We'll discuss how the Bank of Canada utilizes interest rates to effect inflation. As well as how the rate hikes/increases might lead us into an economic crisis! ———– Follow Me On My Socials: Instagram ➤ TikTok ➤ LinkedIn ➤ Website ➤ ———– Sign Up Rewards:….

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