Higher Inflation Will Translate Into Higher Interest Rates

In periods of slow inflation people don't notice it so much. But when inflation starts rising rapidly then people notice it and they take action with their investments and other things as well. But certainly when inflation is here and coming back and getting stronger, interest interest rates are going to go higher because people have to be paid more on their money when inflation is here because the money's losing value every day. People want to compensate for that with higher interest rates.