Expect central banks to continue to raise interest rates in order to reduce pressures on the economy’s limited supply.
With prices continuing to soar in the UK and beyond, Dr Ethan Ilzetzki explains how central banks will act on their mandates to keep inflation low. #LSEUKEconomy
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How can interest rates control inflation? | UK Economy
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InflationInflation explainedinflation in the UKinflation explainereconomicsLondon school of economicscauses of inflationsupply and demandlondonuniversitySchooleconomyeconomistprint more moneyinterest ratescentral bankmortgageborrowing costsLSEUKEconomyLSELSE researchBank of Englandtarget inflation2%cost of borrowingraise interest rateslow down supplyhigh inflationDr Ethan Ilzetzkimortgage ratehouse prices
