Glossary Politics & World
Sanctions
Restrictions imposed by one government on dealings with another state, entity or individual. They work through banks and intermediaries, which is why enforcement questions often land on financial firms.
More from the glossary
Paywall
A restriction limiting articles to paying subscribers. A metered paywall allows a set number of free…
Inflation
The rate at which prices rise across an economy, reducing what a unit of currency buys.…
Interest rate
The price of borrowing money. When a central bank moves its policy rate, mortgages, business loans…
Quantitative easing
A central bank creating money to buy bonds, pushing down longer-term interest rates when short-term rates…