This is a naive understanding.

If you bomb your supply chains, no amount of interest rate manipulation will make it come down (supply shock through destruction of capacity)

If you make all doctors/lawyers to undergo recertification, medical costs will skyrocket (supply shock through regulation)

If you deport all your construction workers, bringing construction to a screeching halt, housing costs will skyrocket (supply shock through xenophobia)

tl;dr The Big(0) cause of inflation are capacity (supply) and other stupid governmental responses to it. (printing more money)

Interest rates actually come way below these factors.

Interest rates will never discourage corrupt governments from printing (borrowing) more money and giving them to the mass .