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Economics question...

Could someone please explain to me why, if prices on everything go up due to inflation and people are having trouble affording the things they need, why does the gov't raise the interest rates and tell us it is to help curb inflation? Seems to me by raising the interest rates, they are adding to the list of things we can't afford.

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Onestarlitnight

Everything is borrowed, business expenses, loans, car loans, mortgages even government bonds.. by raising rates they curb demand by reducing affordability across the board.
To achieve sales volumes at higher rates, prices are pushed down to an affordable level, again.. across the board.
Prices reduction is deflation. Or reduced inflation..
When demand levels off and prices stabilize they will stop increasing rates and begin further adjustments ..