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How Higher Interest Rates "Control" Inflation

The Fed is raising rates. What does this mean for inflation? Can they acutally curb inflation with rising rates? And what should we do with our money? Let me know what you thought in the comments! Series I Savings Bond: www.treasurydirect.gov 🖌 Links: ▶️ Join the Patreon Community ➭ 🐪 Hump Days Newsletter ➭ 🗞 Follow My Twitter ➭ 👾 Personal Finance Discord ➭ 🖌 Free Stocks: ► WeBull (Get 7-12 Free Stocks worth up to $30,600 when you deposit at least $0.01) ➭ ► Public ($10 Free Stock) Investing App ➭ ► Robinhood (Free Stock Valued Up To $250) ➭ 📲 FOLLOW ME & FRIENDS: Follow Rickie (Editor): Instagram: Tik Tok: 📧 GET IN TOUCH: I'd love to hear from you! If you have a longer question, or if you have a business related inquiry, please then send me an email at humphreytalks@gmail.com. I try my best to reply to all e-mail but sometimes I do not have enough time to respond to ev...