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 turn to interest rate hikes as a key mechanism to stem inflation's spread. Increasing interest rates, central banks seek to make borrowing costlier. This can dampen consumer and business spending, which in turn can slow down inflation. Howe

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