Bank Negara has had to raise interest rates to combat rising inflation, which is already a global phenomenon. This however impacts the people because with higher interest rates, financing costs go up - more expensive home loans, vehicle loans, credit card loans etc. Lower income households are particularly hit, especially those still reeling from the Covid-19 pandemic impact. Jason Loh, Head of Social, Law and Human Rights at EMIR Research, believes there may be a solution that can help the B40 while keeping inflation under control.