Understanding inflation’s downward trend
Inflation, a key economic indicator, has been on a downward trend for the past eight months. This consistent decline in inflation is a significant economic event with far-reaching implications for both the domestic and global economy. However, in recent times, inflation has ceased its downward trajectory and has instead been moving sideways. This stagnation in inflation rates has sparked a flurry of speculation and betting in the market, particularly concerning interest rate cuts.
The role of interest rate cuts
Interest rate cuts are a monetary policy tool used by central banks to stimulate economic growth. When the economy is sluggish, central banks can lower interest rates to encourage
→ Continue reading at Entrepreneur