INFLATION RATE AND REDUCTION MECHANISMS OF COUNTRIES

Abstract

The steady increase in the general level of prices of goods and services in the economy, inflation causes serious problems for economic stability and growth. This article examines the concept of inflation rates, the effects of inflation on economies, and the reduction mechanisms implemented by countries to mitigate inflationary pressures. By analyzing monetary policy, fiscal policy, price controls, exchange rate policy, and structural reforms, this paper aims to gain an in-depth understanding of how countries deal with inflation and promote sustainable economic development.