According to The Conference Board of Canada, governments have a multitude of tools available to help quell inflation. They can raise taxes and reduce spending during good times and do the opposite during bad times. If governments do not coordinate their actions with their central banks, however, ...
In some cases, the central bank’s moves can drive nominal interest rates higher, either because the central bank tightens monetary policy to fight inflation or because it doesn’t tighten money to fight inflation and holders of the debt don’t want to buy the newly issued government debt and...
But while the specter of persistently high inflation can be scary for policymakers and consumers, experts point out that, in certain circumstances, some consumers stand to benefit from inflation. More broadly, some inflation is actually a good thing for the economy. Let's look at how the issue...
Instead of having to manually consolidate everything yourself,OCBC Financial OneViewcan help you conveniently aggregate all your financial data in one place. Singapore Financial Data Exchange (SGFinDex) is a MAS-led initiative to help Singaporeans enhance financial planning across financial institutions. ...
The personal inflation rate will help you figure out by what percentage your cost of living has gone up and what corrective action you can take. Also, if you need to follow budgeting, it is time to start doing it. It will help you assess where and how much money you are spending on ...
retreats to recognition ceremonies. And all these things are good. But they don’t help employees fill the gas tank. They don’t address the inflation problem. When employees can’t make ends meet, what they need is more compensation. Helping them get it just might help your bottom line,...
Inflation Avoiding the effects of inflation entirely may seem impossible, but I’m here to tell you today that there are many moves you can make that will help you sleep better at night without making major financial moves. #1: Portfolio Diversification is Key While it’s always wise to ...
With inflation rates finally slowing, and the threat of a recession in the news, deflation is also a phenomenon many should prepare for. Inflation has been a stressful reality for many Americans recently, having a marked impact on consumer budgets. But with inflation rates finally slowing, and ...
Inflation is a relentless enemy of business, In this blog, we explain how software outsourcing can help you beat inflation by providing cost-effective solutions for your business.
He also reminds us that there is a big difference between rising inflation and rampant inflation. "The latter can destroy wealth and can breed fear among investors. This could especially be the case the next time around since it has been so long since we have had meaningful inflation in the...