BATTLING INFLATION: USING INTEREST RATES AS A TOOL

Battling Inflation: Using Interest Rates as a Tool

Inflation remains a pressing concern for many economies worldwide. As prices escalate, central banks often resort interest rate hikes as a website key tool to control inflation's growth. By raising interest rates, central banks aim to make borrowing costlier. This can discourage consumer and business spending, which in turn can ease inflation. H

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