Frances Cook

All of that is coming from the same place, a shock to the global oil supply and now,

We have red lights flashing that interest rates are going to move.

Predictions that the Reserve Bank will put up interest rates three times this year and all sorts of predictions on when.

Infometrics reckons as soon as May.

ANZ says from July.

ASB predicting from October.

So basically, nobody is sure when, but they're all saying interest rates up.

And the thing is, you can have those baseline interest rates, things already move.

As soon as those predictions are made, things start to move ahead of time.

And interest rates are the secret source behind so much of your money.

Yes, definitely your mortgage, but it's also your investments, your savings, even your job.

Interest rates really impact everything.

everything that's exactly why the Reserve Bank uses them to control the economy so today we're going to break down exactly how that happens and what that means for your money tactics because as always once we are able to take control of the things we can control first of all we can make this situation a little bit better for ourselves but also it just makes you feel so much more empowered to take back control of the things that you can

Now don't forget, we've got a great comment section going already, and look at this, more people tuning in from Palmerston North, from Auckland, it's so brilliant.

Ooh, and someone's suggesting that I should take over as Prime Minister.

Thank you, I'll always take compliments in the chat, but you can also use the chat to drop your questions in, and that is exactly why we're live.

Send them through as we go, and I can bring them into the conversation.

And also make sure you hit subscribe wherever you're watching this.

It's live, obviously, on the Making Sense YouTube.

We'll also have a replay on Spotify and Apple Podcasts.