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Inflation, a significant factor influencing the economy, is a general increase in prices and fall in the purchasing power of money. Understanding inflation is crucial for making informed financial decisions. This comprehensive guide provides an overview of inflation’s causes, effects on the economy, and how central banks use interest rates to control it. Learn how inflation affects your savings, investments, and everyday expenses, and discover strategies to mitigate its impact on your finances.

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Understanding Inflation: Causes and Consequences

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