Raising interest rates is the behavior of the central bank of a country or region to raise interest rates, which increases the borrowing cost of commercial banks to the central bank, and then forces the market interest rate to increase. The purpose of raising interest rates includes reducing money supply, curbing consumption, curbing inflation, encouraging deposits and slowing down market speculation. Raising interest rates can also be used as an indirect means to increase the value (exchange rate) of domestic or local currencies against other currencies.

Interest rate reduction refers to the financial way that banks use interest rate adjustment to change cash flow. When banks cut interest rates, for financial institutions, the loan interest rate drops and the cost of financiers decreases; For ordinary individuals, the income from depositing funds in the bank is reduced, so the interest rate cut will lead to the outflow of funds from the bank, and the deposit will become investment or consumption, which will lead to an increase in capital liquidity.

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