BATTLING INFLATION: USING INTEREST RATES AS A TOOL

Battling Inflation: Using Interest Rates as a Tool

Inflation continues a pressing issue for many economies worldwide. As prices escalate, central banks often employ interest rate hikes as a key tool to curb inflation's spread. Boosting interest rates, central banks aim to make borrowing costlier. This can discourage consumer and business spending, which in turn can moderate inflation. Neverthele

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