Bidenomics

Fact: https://fred.stlouisfed.org/series/MORTGAGE30US

In fact, most of the rise in inflation in 2021 and 2022 was driven by developments that directly raised prices rather than wages, including sharp increases in global commodity prices and sectoral price spikes driven by a combination of pandemic-induced kinks in supply chains and a huge shift in demand during the pandemic to goods from services. Fiscal policy contributed to the inflation, but primarily through its effects on consumer demand for commodities and goods in limited supply rather than through the labor market.

https://www.brookings.edu/articles/what-caused-the-u-s-pandemic-era-inflation/

I think it is funny that you are confusing interest rates with inflation, but do continue, I still have some popcorn left..

I think its funny that you think they arent tied together. Interest is up to attemtp to cool the market....to allow for demands to slow and allow the market to level! But you knew this already, obviously!

Rotflmao!!! Facts....

That was the intent.

The Fed raising key interest rates means banks raising interest rates means those seeking to borrow money have to pay higher interest rates and thus might be dissuaded from making purchases with money they have to pay more for.

Reduce buying, and demand decreases, reducing inflationary pressures on limited supplies.