Word of the Day (concomitant)-15MAY22

Word of the Day (concomitant)-15MAY22

Today’s “Word of the Day” is concomitant and it is an adjective meaning “accompanying, associated, attendant, related, connected, linked, resultant, consequent”.

Example Sentence: Since March 2020, central banks globally did everything they could to support growth. As central bank balance sheets expanded, interest rates dropped with a view to support growth via financial conditions that were made ultra-easy. However, the concomitant side effect of COVID-19 was also the supply shocks across the globe, which started to feed inflationary pressures.

Word of the Day (concomitant)-15MAY22

This word is present in The Hindu article Did the RBI wait too long to raise interest rates? and click here to read it.

Courtesy: The Hindu

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