As Catholics were responsible for writing the New Testament (under the inspiration of the Holy Spirit), the Catholic Church doesn't "interpret" the Bible. We explain it. Protestants can only "interpret", because they are not the author (guided by the Holy Spirit), and therefore, can only guess at the possible meaning of a chapter, passage or phrase, just as anyone can only guess at any author's intentions in any other book. As the author, the Catholic Church is the only proper authority to consult in matters pertaining to the Bible.
Bible Study #1:
History of the Catholic Bible
Bible Study #5: New Testament
"You would think that the modernists were the first to turn the page of the Bible."