It started in America, but the surge in inflation has spread to the rest of the rich world. Consumer prices across the OECD club of mostly rich countries are rising by 10.3%, year on year, the fastest pace of increase in at least three decades. In the Netherlands, inflation is nearing ...
and households overall are in good shape financially. The Conference Board, a business research group, found that consumers’ inflation expectations last month were the highest they’d been since July 2008. But consumers didn’t seem all that worried: The board’s confidence index rose anyway, o...
BERLIN, June 15 (Xinhua) -- Leading German economic institutes expect inflation in the country to remain high in 2023, due to soaring energy prices, the Russia-Ukraine conflict and supply bottlenecks. The Kiel Institute for the World Economy (IfW Kiel) and the ifo Institute on Wednesday raised...
5.What is the main idea of the passage? [ ] A.High inflation sweeps the United States. B.The financial ways for college are various in the United States. C.The families can ask for financial aids from colleges since the costs of college have risen. ...
In Chapter One I examine the validity of this argument by defining new aggregate measures of money growth and inflation, which take into account the implications of indexation for the composition of central bank liabilities. I show that indexation is responsible for a number of empirical anomalies ...
INFLATION TAKES HOLD Britain is witnessing higher inflation than other Group of Seven countries, given its status as a net importer of energy. The timing couldn't be worse. Global prices are ballooning on fears over supply disruption, Britain's currency is in a Brexit slump and worker shortages...
The article reports that inflation has become a serious economic problem through the world's economies. Consumer prices in developed countries are increasing at their fastest rate since the mid 1990s, and are rising even faster in developing countries. Rising food and energy prices have created ...
Fed chairman Powell: if inflation continues to be too high, the Fed will take action and still expect inflation to cool down. The impact of inflation after the epidemic is greater than expected.This text is a result of machine translation....
Inflation slowed for a second straight month in March to 7.6% but remained well above the government's 2%-4% target for the year. Controlling costs of living was the top concern of 63% of respondents. Slightly more than half, or 52%, of respondents disapproved of the government's handling...
Li Daokui, member of the central bank's monetary policy committee, told China Investment Forum on Monday that the world, including China, has entered a period of high inflation. In the next 5 to 10 years, China's inflation will be at a high level.