Central banks typically lower interest rates during the contraction phase of the business cycle to promote economic recovery.

Authors

• Person: Not available Organization: PIMCO
  Learning the Significance of Key Economic Indicators - PIMCO

Sources

• Learning the Significance of Key Economic Indicators - PIMCO www.pimco.com PIMCO via serper

Referenced by nodes (2)

• business cycle concept
• interest rates concept