SAN DIEGO MECHANICS: GET YOUR CAR FIXED FAST ALL MAKES AND MODELS


Battling Inflation: Using Interest Rates as a Tool

Inflation continues a pressing concern for many economies worldwide. As prices escalate, central banks often employ interest rate hikes as a key mechanism to curb inflation's growth. Increasing interest rates, central banks try to make borrowing more expensive. This can dampen consumer and business spending, which in turn can slow down inflation.

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