Inflation, interest rates, and economic implications
The economic landscape is a complex web of interconnected elements, each influencing the other in a myriad of ways. One of the most critical elements on this website is inflation, a general price increase, and a fall in money’s purchasing value. The Consumer Price Index (CPI), a measure of inflation, plays a significant role in determining a country’s economic policies, including interest rates. The upcoming CPI day could potentially decide whether or not we witness four interest rate cuts this year or none at all.