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How do rate hikes affect the consumer, a mortgaged family, the government and companies?

The increases in the price of money return after a long period of interest rates at 0%.

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How do rate hikes affect the consumer, a mortgaged family, the government and companies?

The increases in the price of money return after a long period of interest rates at 0%. Central banks are activating the machinery to raise rates, but what implications does this move have on the real economy?

Money has a price and that price is set by the interest rates paid to receive a loan. "Money is like any other product, if one year there is a large harvest of potatoes, its pr

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