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Do high interest rates cause inflation 2024?

Zoe Patel | 2023-05-07 11:14:44 | page views：1384
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William Baker

Works at Amazon, Lives in Seattle, WA
In general, as interest rates are lowered, more people are able to borrow more money. The result is that consumers have more money to spend, causing the economy to grow and inflation to increase. The opposite holds true for rising interest rates.
2023-05-17 11:14:44
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Clara Price

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In general, as interest rates are lowered, more people are able to borrow more money. The result is that consumers have more money to spend, causing the economy to grow and inflation to increase. The opposite holds true for rising interest rates.
What is the relationship between inflation and interest rates?
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