It's interest rates that are screwing the worker. When they say they're fighting inflation they mean wage 'inflation.' When wages go up working class people are more able to repay their loans without incurring penalties and interest, which isn't good for mortgage companies or banks. Don't confuse the two, the interests of capital and working people are necessarily at odds when it comes to interest rates.
That's one of the contradictions of capitalism. As wages are pushed down, so does the ability to purchase the wares and services they produce. This also hurts the profits of companies.
