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Can high interest rates cause inflation 2024?

Isabella Lopez | 2023-05-07 11:15:11 | page views：1430
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Harper Woods

Studied at the University of Oxford, Lives in Oxford, UK.
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 11:15:11
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Benjamin Diaz

QuesHub.com delivers expert answers and knowledge to you.
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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