Business

Why do central banks raise or slash interest rates?

Several central banks have cut rates in recent weeks

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Business Desk

The Business Desk tracks economic trends, market movements, and business developments, offering analysis of both local and global financial news.

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You'll likely have come across several headlines recently about central banks around the world cutting interest rates and stock markets reacting positively.

If you've ever struggled to understand why interest rates matter or why central banks are in charge of deciding whether to reduce, increase or maintain them, Nukta's latest explainer is for you.

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