What are interest rates? PLUS Guess the Salary Game
“Interest rates can be negative, but Cathi and Jo show us why this can be a positive thing?”
This episode is the first of our brand new format, (what do you think?!) and delves deep into the changes around interest rates and the direction in which they are heading to initiate customer spending. Cathi and Jo both discuss the control that the Bank of England has on customer spending by increasing and decreasing interest rates, and Jo gives us a lesson on why just printing more money doesn’t help!
We’d love to hear your thoughts, and as always, if you could rate, review, share, and subscribe, we’d be super grateful! Especially if you listen on the iPodcasts (as Jo calls them!)