This shift in how banks operate makes borrowing more expensive because the interest rate they charge customers also increases. People tend to delay borrowing, resulting in less spending. After a while, the decrease in demand begins to lower the inflation rate. In contrast, lowering the federal fu...
Did You Know? From an evolutionary perspective, The Energy Conservation Theory of sleep suggests that humans slept during the overnight hours to reduce the amount of energy expended during times when it wasn’t efficient or safe to search for food. (33) ...