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    #interest#inflation#interest rate#central#central bank#bank

    How does raising interest rates control inflation? | The Economist

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    林宜悉 posted on 2022/07/04
    Ever wondered how raising interest rates actually cools down inflation? This video from The Economist breaks down the fascinating economic concepts behind monetary policy, like how the Federal Reserve's decisions impact homeowners and the risk of recession. You'll pick up some advanced vocabulary and understand real-world financial news like a pro!

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    trick

    US /trɪk/

    ・

    UK /trɪk/

    • Transitive Verb
    • To fool someone in order to obtain a result
    • To playfully tease or fool to make someone laugh
    • Noun (Countable/Uncountable)
    • Act of trying to fool someone
    • Quick or skillful way of doing something
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    potentially

    US /pəˈtɛnʃəlɪ/

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    UK /pə'tenʃəlɪ/

    • Adverb
    • That could happen or become reality
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    tend

    US /tɛnd/

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    UK /tend/

    • Intransitive Verb
    • To move or act in a certain manner
    • Transitive Verb
    • To take care of
    A2
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    surge

    US /sɜ:rdʒ/

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    UK /sɜ:dʒ/

    • Noun (Countable/Uncountable)
    • Sudden movement in one direction by many
    • Sudden or unexpected increase in amount
    • Intransitive Verb
    • To move unexpectedly and quickly in one direction
    • To rise to an unexpected height
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