Open market operations designed to fight inflation will drive interest rates _____ and bond prices _____.

Open Market Operations

The purchase and sale of government bonds by a central bank as a means to regulate the economy's money supply and adjust interest rates.

Inflation

The speed at which the overall price level of goods and services increases, leading to a decline in the currency's buying power.

Interest Rates

The cost of borrowing money or the reward for saving, usually presented as a percentage.