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Keep in mind that the impact of interest rate hikes is not immediate. It often takes some time for the effects to fully ripple through the economy. This is why it's so important to analyze leading economic indicators and be prepared for various scenarios. **High interest rates** can also impact businesses. Businesses might delay investments, reduce hiring, or even lay off workers to cope with increased borrowing costs. This can, in turn, affect the overall economic outlook. It's a chain reaction, you see? Inflation and interest rates are really two sides of the same coin in the economic game. They’re like the push and pull that shapes our financial world.
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