{"id":617838,"date":"2026-10-01T22:22:13","date_gmt":"2026-10-01T22:22:13","guid":{"rendered":"https:\/\/www.newsbeep.com\/nz\/617838\/"},"modified":"2026-10-01T22:22:13","modified_gmt":"2026-10-01T22:22:13","slug":"how-are-higher-interest-rates-and-rising-prices-affecting-you","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/nz\/617838\/","title":{"rendered":"How are higher interest rates and rising prices affecting you?"},"content":{"rendered":"<p class=\"paragraph-elevate inline-placeholder vossi-paragraph_elevate\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/cmupqtf0f002y27nq8yzr68rb@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">\n            Last month, the Federal Reserve <a href=\"https:\/\/www.cnn.com\/2026\/09\/16\/economy\/fed-rate-decision-september\" rel=\"nofollow noopener\" target=\"_blank\">raised interest rates<\/a> for the first time in more than three years, as it tries to bring inflation under control. But higher rates make borrowing more expensive for consumers and businesses \u2014 one reason <a href=\"https:\/\/www.cnn.com\/2026\/10\/01\/economy\/how-to-get-a-lower-mortgage-rate\" rel=\"nofollow noopener\" target=\"_blank\">mortgage rates have climbed<\/a> to a three-year high in recent weeks.\n    <\/p>\n<p class=\"paragraph-elevate inline-placeholder vossi-paragraph_elevate\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/cmupsk6nx002i3b6rdzr928k8@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">\n            It could take time before consumers see much relief from rising prices. And more rate hikes could be on the way, too.\n    <\/p>\n<p class=\"paragraph-elevate inline-placeholder vossi-paragraph_elevate\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/cmupsk6nx002j3b6rw3lg6sre@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">\n            If you\u2019re feeling the squeeze both from higher prices and higher borrowing costs, we want to hear from you.\n    <\/p>\n<p class=\"paragraph-elevate inline-placeholder vossi-paragraph_elevate\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/cmupsnbjw002s3b6r9gl6km2l@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">\n            Please fill out the below form for possible inclusion in a CNN story.\n    <\/p>\n","protected":false},"excerpt":{"rendered":"Last month, the Federal Reserve raised interest rates for the first time in more than three years, as&hellip;\n","protected":false},"author":2,"featured_media":617839,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[138,219,111,139,69],"class_list":["post-617838","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-economy","tag-new-zealand","tag-newzealand","tag-nz"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/617838","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/comments?post=617838"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/617838\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/617839"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=617838"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=617838"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=617838"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}