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English definition of “reflate”

reflate

verb [I or T]     /ˌriːˈfleɪt/ ECONOMICS
if a government reflates the economy, it increases the amount of money in use by reducing taxes and interest rates, increasing government spending, etc.: reflate demand/the economy Stocks ended higher amid expectations that the economy will reflate in the coming year. → Compare deflate, inflate
(Definition of reflate verb from the Cambridge Business English Dictionary © Cambridge University Press)
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