Monetary policy to brake the economy by raising interest rates is often politically unpopular.

Name: Monetary policy to brake the economy by raising interest rates is often politically unpopular.
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Question

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Raising interest rates can slow down economic growth and potentially cause a recession, which can harm the public's perception of the government in charge of implementing the policy. Therefore, it is often seen as politically unpopular, especially in election years.

Monetary Policy to Brake the Economy by Raising Interest Rates