Unless you've been in a submarine, blocked off from worldly communication, it would be pretty fair to assume you've heard a lot about central banks and interest rates in the media. Particularly over the past couple of years. We're going through a period that is arguably quite unprecedented, and the role of the central bank is coming into question - do they have the influence they once had? In this episode, we break down central banks and interest rates, to help you piece the economy together. We answer the following questions: • What are central banks? • Why are we talking about them now? • What are the goals of a central bank? • What is their role in the economy? • How do they achieve their goals? • What are interest rates? What is QE (quantitative easing)? • Which country has the lowest interest rate and which has the highest? Knowing the role of central banks and interest rates will go a long way to helping you form a solid base understanding of the economy. How to Get Involved in Equity Mates: • Equity Mates Website • Ask Us Anything Page • Thought Starters • Equity Mates Facebook Page • Facebook Discussion Group • Instagram • Equity Mates Twitter • Email (contact@equitymates.com) Hosted on Acast. See acast.com/privacy for more information.