Name: Academic: Higher rates could widen US wealth divide
Uploaded: 2026-09-18T18:23:38+08:00
Duration: 1 min 29 s
Description: Inflation and higher interest rates do not affect everyone equally. Warwick Powell, adjunct professor at Queensland University of Technology, says asset owners may benefit from higher returns, while households and businesses reliant on credit face rising

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Inflation and higher interest rates do not affect everyone equally. Warwick Powell, adjunct professor at Queensland University of Technology, says asset owners may benefit from higher returns, while households and businesses reliant on credit face rising costs.

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