economic conditions
📖 Definitions
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The state of an economy at a specific time, characterized by factors such as inflation, unemployment, interest rates, growth rates, and market stability.; External financial and commercial circumstances that affect business operations, investment decisions, or consumer spending power.
💬 Examples
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This decision brings the target range to 3.75%-4.0%, marking another step in their ongoing effort to manage economic conditions.
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Many small businesses struggled to survive due to unfavorable economic conditions during the recession.