Economics Explained: What are interest rates and what are their effect in the eurozone

Economics Explained: What are interest rates and what are their effect in the eurozone
An interest rate is the price of money. If you lend money to someone, you need to be compensated for not having access to that amount for a period of time. Let’s take the example of rising interest ra…
Economics Explained: What are interest rates and what are their effect in the eurozone