How does inflation effect interest rates? SUBSCRIBE ➡️ Visit our website: Follow us on Instagram ➡️ Like us on Facebook ➡️ Follow us on Twitter ➡️ Barron's is the world's premier investing publication since 1921. #Barrons... ( read more )
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Inflation is a rise in the general price level of goods and services in an economy over time. Inflation can lead to a decrease in the purchasing power of money, which can cause a reduction in the standard of living of individuals and businesses. Fighting inflation is a major challenge for governments, policymakers, and central banks around the world. One of the primary ways to fight inflation is through monetary policy. Central banks, such as the Federal Reserve in the United States, control the money supply and interest rates to
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