TAMING INFLATION: RAISING INTEREST RATES AS A WEAPON

Taming Inflation: Raising Interest Rates as a Weapon

Inflation remains a pressing concern for many economies worldwide. As prices escalate, central banks often employ interest rate hikes as a key tool to stem inflation's spread. Boosting interest rates, central banks try to make borrowing more expensive. This can dampen consumer and business spending, which in turn can moderate inflation. On the o

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