Here’s how rising global interest rates could affect your life

Rising interest rates will change the way we spend and borrow money. Image: Unsplash

Victoria Masterson

Senior Writer, Formative Content

Ian Shine

Senior Writer, Formative Content

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Graphic showing US interest rates between 2004 and 2022.
The US central bank hiked interest rates by 0.75 percentage points in November. Image: Reuters

Graphic showing monthly projected mortgage payments in the UK
Monthly projected mortgage payments in the UK. Image: Bloomberg economics


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