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.
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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