What do you think about interest rates that will effect to your daily life activites?

Question

What do you think about interest rates that will effect to your daily life activites?

Answer 1

Not sure of if this is what you are after - I am assuming that you mean how will interest rates influence daily life.

The short answer - when interest rates are high the aggregate demand in the economy will fall so that people stop buying goods/services.  This means that consumers have less cash to spend on food, groceries, petrol, household goods etc.  This will be worse for items that are not needs but are wants or luxuries.