Pronunciation Challenge The Economist: Interest Rate vs Inflation

Host : Ken Miao
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How Does Raising Interest Rates Control Inflation?
Learn about the economy from the Economist!

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Today's Sentence

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A central bank is like a bank for banks; just like you and your savings account, banks also earn interest when they leave money with a central bank.

Key Vocabulary

1. central

central

[ˈsɛntrəl] (adj.)

2. earn

earn

[ɜ:rn] (v.)

3. interest

interest

[ˈɪntrɪst] (n.)

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