Interest rates and their impact on inflation rates in the Iraqi

Abstract

The Iraqi economy has suffered since the past decades and is still suffering from structural imbalances, being a rentier economy, as oil constitutes 90% of the state’s general revenues, as well as improper economic policies, including monetary policy with its qualitative and quantitative tools. The research is important from the importance of the investigated variables represented in interest rates and inflation rates as they are important indicators for any economy, and it also aims to show the impact of interest rates on inflation rates during the research period and in light of this, the research concluded that interest rates contribute to affecting inflation rates in Iraq.