Is it right way to increase interest rate to contain inflation?

Is it right way to increase interest rate to contain inflation Asked by rakeshranjan 21 days ago Similar questions: increase interest rate inflation Business > Financial Services.

Similar questions: increase interest rate inflation.

Raising interest rates is the only control mechanism we have to contain inflation. Growth can contain inflation, but you can't control growth. So, yes, if you want to contain inflation you will have to raise interest rates.

If a credit card company raises your interest rate, shouldn't that increase only be applied to any charges you make...

What is the difference between price level and the rate of inflation.

I cant really gove you an answer,but what I can give you is a way to a solution, that is you have to find the anglde that you relate to or peaks your interest. A good paper is one that people get drawn into because it reaches them ln some way.As for me WW11 to me, I think of the holocaust and the effect it had on the survivors, their families and those who stood by and did nothing until it was too late.