Losing interest

Rises in interest rates certainly impact on every day lives through mortgage interest rates but, from what I remember of economics, monetary policy is not purely designed to provide checks and balances on the housing market but to be a means for government to maintain the competitiveness of the UK economy in the world and so keep us all employed, wealthy and healthy. So can journalists please move beyond the narrow housing debate for just one moment and explain to home owners and others alike why rates are going up in less alarmist terms - like it's trying to keep you in your job or whatever.