Covered Interest Rate Parity

In volume 3 of the Schweser notes, page 161 - it says the currency with the higher interest rate will trade at a forward discount. If you take the spot rate (p/b) and the price currency interest rate is higher, won’t this trade at a forward premium?

Spot(p/b) *(1+p)/(1+b) = forward price?

The base currency will trade at a forward premium, because spot < forward.