BATTLING INFLATION: USING INTEREST RATES AS A TOOL

Battling Inflation: Using Interest Rates as a Tool

Inflation continues a pressing concern for many economies worldwide. As get more info prices soar, central banks often turn to interest rate hikes as a key mechanism to stem inflation's advance. Increasing interest rates, central banks seek to make borrowing costlier. This can dampen consumer and business spending, which in turn can ease inflatio

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