Consumer prices jumped 7% in December compared with 12 months earlier — the hottest year-over-year inflation since June 1982. What is causing prices to increase and when can Americans expect a reprieve?
Surprisingly, the recent undershoot of inflation had occurred during a period when the Fed has been raising interest rates, a policy that is normally aimed at slowing, not increasing, inflation. It’s as if a ship captain responded to persistent headwinds by turning the rudder in the wrong dir...
HSBC Bank's senior economic advisor Stephen King discusses his new book, "We Need to Talk About Inflation: 14 Urgent Lessons from the Last 2,000 Years."
原句译文 逆译练习 The eventual depletion of fossil fuels that hitherto proved so reliable has left us with no choice but to prepare for a new age of energy synthesis. (Para. 3) 句型提炼 … has left us with no choice but to do … 句型提炼 应用提示 用于表达 “使某人别无选择,只好……...
Inflation is a continuing rise in the general price level usually attributed to an increase in the volume of money and credit relative to available goods...
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Yeah, it leads to being one of those guys on the internet. Can you take it a stage further, though? Can you argue that actually, the US economy is overheating? Because what the knock-on effect of all this is, is that inflation just is not going away in the way that we hope. ...
Inflation is the rate at which the price of goods and services increases. As a result of inflation, the purchasing power (value) of money decreases over time. Inflation affects the prices of everything around us. Generally speaking, inflation can be caused by a number of factors. The recent...
The poverty income ratio (PIR) is a measure that represents the ratio of household income to the poverty threshold after adjustments for inflation and family size. Three PIR categories were constructed: less than 130%, 130% to 250%, and more than 250%. Measured height and weight were used ...
Congress delegated this power to the Fed through the1913 Federal Reserve Act.6However, some argue that such a delegation is fundamentally unconstitutional. Opponents of the Fed's independence also suggest that it is undemocratic to have an unelected agency, unaccountable to the US public, dictating...