depress

/di'pres/
Verb
  1. lessen the activity or force of
    • The rising inflation depressed the economy
  2. press down
    • Depress the space key
  3. cause to drop or sink
    • The lack of rain had depressed the water level in the reservoir
  4. lower (prices or markets)
    • The glut of oil depressed gas prices
  5. lower someone's spirits; make downhearted
    • These news depressed her
    • The bad state of her child's health demoralizes her

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depress
The central bank's actions helped to depress the rising inflation.