But the latter is not consistent with what we already know. Governments and central banks have made it very clear that they will buffer the economy come what may. They will come to see inflation not merely as an undesirable side effect of these policies. Remember this is how we have been ...
This is the definition of inflation according to Webster’s dictionary. While we feel this is a reasonable definition to describe inflation (as most people think of it), the term is also too broad and frequently causes confusion. The term inflation as it is used by most people is very gene...
With major central banks globally continuing to raise interest rates, the BOJ's adherence to its negative interest rate policy is the main reason behind the weak yen. The continued rise of the Japanese stock market this year is partly due to the postponement of market expectations for the Unite...
Althoughinflation has steadily cooledsince peaking in June of last year, electricity costs continue to heat up. The typical power bill is set to rise about 2% this summer from a year ago,accordingto the Energy Information Administration. The reason: While wholesale power costs have dropped, there...
Rising food costs were one contributor to thehotter-than-expected inflation reporton Tuesday, with food prices rising 0.4% in January from December, a faster pace than the overall 0.3% rise in the Consumer Price Index (CPI). The CPI, a basket of goods and services typically bought by Americ...
the government would not be able to borrow at the current rates, which would mean that it would have to raise taxes or print money to cover its deficit; and inflation would rise significantly because of the higher cost of imports and the printing of money. Overall, the economy would be se...
If you are looking to lower your auto expenses, there are ways to lower your monthly car insurance payments such as switching providers.You can visit Credible to compare multiple providersto see if one is right for you. MORE CONSUMERS SHOPPING FOR NEW AUTO INSURANCE TO SAVE MONEY: J.D. POW...
We need skepticism. For one thing it has caused Beijing increasing worry about the risks of continuing to extend the stimulus package, to the point where they are now making serious noises about cutting back. My biweeklycolumnin today’sSouth China Morning Postargues that in spite of the dama...
long-term trend, [college tuition] has been rising almost six percent above the rate of inflation," said Ray Franke, a professor of education at the University of Massachusetts, Boston. "That's brought immense pressure from the media and general public, asking whether college is still worth ...
the better off the country will be. The Fed can bring inflation down quickly when it needs to, and it would be a mistake to raise interest rates too soon. The small cost associated with a brief bout of inflation is more than worth the potential benefit of having more people gainfully emp...