TopicExchange rates & FX
tōnghuò péngzhàng · /tʰʊŋ⁵⁵ xwo⁵¹ pʰəŋ³⁵ tʂaŋ⁵¹/
通货膨胀
tōnghuò péngzhàng/tʰʊŋ⁵⁵ xwo⁵¹ pʰəŋ³⁵ tʂaŋ⁵¹/noun
general rise in prices that reduces money's purchasing power
物价普遍上涨、货币购买力下降的现象
Central banks often raise rates when inflation stays high.
通胀居高时央行常上调利率。
Examples
High inflation made groceries more expensive each month.
Wage talks stalled because workers feared rising inflation.
Policymakers aim for low and stable inflation over time.
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