When inflation rises, the Fed normally lowers interest rates (through a more than proportional decrease in the nominal interest rate).

Name: When inflation rises, the Fed normally lowers interest rates (through a more than proportional decrease in the nominal interest rate).
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When inflation rises, the Fed normally RAISES interest rates to curb inflation and slow down economic growth. Lowering interest rates would fuel inflation and economic growth.

When Inflation Rises, the Fed Normally Lowers Interest Rates (Through