Why do interest rates go up?

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2026-05-14 15:29:55 -

Why Do Interest Rates Go Up? There is something almost theological in the way modern people discuss interest rates. When rates are low, journalists write as if prosperity has been ordained. When rates rise, politicians behave like medieval priests confronted with drought. Television economists furrow their brows, central bankers release statements written in the sterile dialect of bureaucratic...

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