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 prices climb, central banks often turn to interest rate hikes as a key tool to curb inflation's growth. By raising interest rates, central banks try to make borrowing costlier. This can dampen consumer and business spending, which in turn can slow down inflation. However, in

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