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 resort interest rate how to fight hyperinflation hikes as a key tool to stem inflation's spread. By raising interest rates, central banks seek to make borrowing costlier. This can dampen consumer and business spending, which in turn can slow

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