best answer > Do high interest rates cause inflation 2024?- QuesHub | Better Than Quora
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  • Sophia Harris——Studied at 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.read more >>
    +119962023-05-15 11:14:44

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