Now, let's talk about how and why high interest rates "fight" inflation, because it's not something anyone really talks about.
Lmafo, 54% of Americans read at the 6th grade level or below, they don’t understand the word tariff so you’re going to need to back up quite a ways. For those reading a tariff is a tax PAID by US companies or people to import things into the US like raw materials, products, and food. Companies can’t go out of business and want to keep making the same profits so COMPANIES ADD ALL THAT TAX AND JACK UP THE PRICE PEOPLE PAY.
If you have a person buying shirts for $10 and selling them for $20 and making $10 but now they pay $15 they sure as hell aren’t selling for 20 and go out of business they jack that up to at least $25. Now do this with cars, food, tools, trucks, on and on and on everything is about to get way more expensive, the very definition of inflation.