"La estabilidad de precios es esencial para que la economía realice su potencial y tenga un crecimiento sostenible."
— Jerome Powell
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Simplified Meaning:
An economy works best when prices don’t change too quickly or wildly. When prices are stable, businesses can make better plans for the future because they know what things will cost. This helps them invest and grow without fear of sudden cost increases. For example, if the price of bread suddenly doubles, families might struggle to afford it, and stores might lose customers. Similarly, if a builder knows the price of materials will remain steady, they can plan more jobs and hire more workers. So, keeping prices steady helps everyone, from big companies to everyday families, live more comfortably and grow financially.
Related tags
Economic growth Economic potential Economic stability Economy Financial stability Macroeconomics Monetary policy Sustainable growthFEATURED QUOTES
