MEASURES TO SAFEGUARD AGAINST DEFLATION: STRATEGIES FOR CENTRAL BANKS
MEASURES TO SAFEGUARD AGAINST DEFLATION: STRATEGIES FOR CENTRAL BANKS Introduction: Understanding Deflation Deflation is a persistent decrease in the general price level of goods and services in an economy, leading to negative consequences such as reduced consumer spending, lower investment, and increased unemployment. Central banks play a crucial role in implementing measures to safeguard against …
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