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 soar, central banks often employ interest rate hikes as a key strategy to curb inflation's advance. By raising interest rates, central banks seek to make borrowing more expensive. This can discourage consumer and business spending, which in turn can ease inflation. Howe

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