Tag: inflation rates

The Impact of Rising Inflation Rates on the Economy: Understanding Consumer Prices and Interest Rates

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• May 13, 2023September 3, 2023
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Introduction Inflation is the rate at which the general level of prices for goods and services is rising, and it is a key economic indicator that affects the economy at all levels. When inflation rates rise, it can have significant impacts on consumer prices, interest rates, and the overall economy.…