Clearly, the current low inflation environment is more hospitable to consumers rather than producers. |
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Analysts say that should keep inflation within the reserve bank's target of 2 to 3 per cent. |
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In that case average annual inflation will overshoot the target by 1.5 percentage points. |
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It is about ensuring that industry has a competitive cost base and that price inflation is kept in check. |
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With the rise in wage costs and prices, increased inflation led to lower competitiveness. |
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Ms Finnegan said another factor underpinning the pace of inflation was the limited stock of second-hand property available for sale. |
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Field evidence suggests that many dykes were responsible for transporting melt, and this would substantially reduce the inflation time. |
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Like the biting winds of nature that sculpt rock and carve stone, inflation and taxes will grind the greatest piles of fortune to dust over time. |
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Because of rising inflation in the past year, they have been losing money on their savings accounts in the official banks. |
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Rampant inflation made speculation in real estate and other tangibles much more rewarding than productive work and investment. |
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Let me conclude this topic by looking at inflation in the art market and artistic attempts to escape it. |
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Without a fully linear structure to the economy, at best an inflation index is an approximation. |
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The resulting boost in world demand growth triggered a rise in U.S. import prices that bolstered domestic inflation pressures. |
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Whatever the increase is, and however it is conveyed to us, we are still expected to pay a well above inflation increase. |
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Korea's inflation rate is the one blemish on an otherwise solid report card, at least on the macroeconomic front. |
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For our purposes, it's enough to say that lowering inflation has positive growth effects. |
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Each percentage point of inflation is associated with a 146 basis point increase in the earnings yield. |
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The government managed to control inflation by the fixing of wages and prices. |
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The bare figures, however, conceal the fact that domestic inflation is still stubbornly high. |
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If you adjust for inflation and add in the usual cost overruns that means we're looking at a price tag of around a trillion bucks or so. |
|
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Rigidity in the labour market, wage-induced inflation and tardiness in technological adaptation were the predictable results. |
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That's a major shift for the Fed, which has spent the last quarter-century trying to tame inflation and contain price increases. |
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The economy was growing strongly, unemployment was coming down, inflation was low, real incomes were rising fast. |
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If the government simply adds to the deficit, inflation could be triggered by this further loosening of fiscal policy. |
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I'm still at NYU, giving a seminar this afternoon on inflation and the arrow of time. |
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However, knowing Stais, she'll have a happy and active retirement and no doubt her golf handicap will be falling faster than inflation is rising! |
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Zimbabwe faces its fourth straight year of falling growth, while inflation is likely to hit triple figures. |
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The basic idea behind inflation is that a repulsive form of gravity caused the universe to expand. |
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The Bank's move came despite today's official figures showing inflation rising to its highest level for two years. |
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In a downward inflation trend, salary expectations lag the decreases in inflation. |
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Thereafter, a continuing rise in inflation pressure with volume opened the flooded and collapsed lung abruptly. |
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In my view, it has always been a case of rampant U.S. Credit inflation impairing the dollar. |
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What's more, inflation remains relatively tame for such a supercharged economy. |
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A certain amount of inflation is needed anyway to provide market signals to increase production and investment. |
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Sometimes there is enough accompanying inflation to create negative real interest rates and erode the real value of debt. |
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Anyone who has invested money in equities over a long period of time will know that stockmarkets beat inflation by a wide margin. |
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In theory, at least, this creates a direct, inverse relationship between the unemployment rate and the inflation rate. |
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When inflation was taken into account, he said, the net effect would be less council services for customers. |
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But in a market where bond yields are tightening and inflation is low, returns are the top priority for investors. |
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Monetarists believe that money supply should be kept within an acceptable bandwidth so that levels of inflation can be controlled. |
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Low inflation and the introduction of the euro may make price increases harder to justify. |
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Statisticians say the inflation figures may overstate the speed of price rises. |
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Bags that did survive inflation were installed on pickup trucks for further testing. |
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The best way to combat inflation is to stick to the basic tenets of sound investing. |
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The scenario for inflation in 1982 was that the universe began with a big bang singularity. |
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They are demanding pay increases to keep pace with inflation which is currently averaging 3 percent a year. |
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The balloon began losing helium during inflation aboard the launch ship Triton, around 20 miles off St Ives, west Cornwall. |
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But the Fed also reacts to recent inflation as gauged by the consumer price index. |
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How about something more original, like spending limits based on inflation and population growth? Yeah, that'll be the day. |
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Our inflation rate has been in single figures, moving between 2 percent and 4 percent. |
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He said employers' schemes should not be required to link payments to inflation or to pay surviving partners after death. |
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Balloon inflation inevitably stops coronary blood flow, which may induce angina. |
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The economy is in a sweet spot that should keep inflation at bay for some time. |
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If oil prices spike upwards and inflation rises, interest rates will go up too. |
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Countries followed imprudent policies that favored monopolistic crony capitalists, inflation that magnified poverty and currency overvaluation. |
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The size of your current mortgage, school or university fees for children, and the effects of inflation must all be considered. |
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Overall, the inflation figures confirm that the Government is ripping us off. |
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Does anyone know why the minimum wage is not indexed to either inflation or wage growth, like social security? |
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There is hardly any inflation and the trade deficit is not as high as could have been expected. |
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At this rate, inflation of the order of 10 percent is pretty much inevitable. |
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The core inflation measure made its debut in the early 1970s when the headline inflation rate was trending sharply upwards. |
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Although inflation was dramatically reduced, so was demand, output, and employment. |
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It would, in short, retain a system of cartelized banking, special privilege, and virtually inevitable generation of inflation and contraction. |
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The latest surge in house-price inflation has been spurred by the lowest mortgage rates for 40 years. |
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But if inflation is negative, that strategy won't work, and the economy could fall into a downward spiral. |
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Nesc says inflation must be tackled to avoid a wage price spiral becoming embedded in the economy. |
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Back then, gold was presumed to be the only hedge against both inflation and a falling dollar. |
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The IMF is worried China's economy could overheat and generate a troubling inflation that would raise the risk of an economic crash. |
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Auto inflation is a technique where a special balloon is blown up by the child using their nose. |
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He is often misremembered as asserting that real interest is independent of inflation and monetary shocks. |
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It is unlikely that with inflation on an uptrend in the current year, Government would consider any lowering of interest rates. |
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Unemployment is widespread, inflation has turned the Zimbabwean dollar into Monopoly money, the exchequer is bare and foreign aid is being cut. |
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If inflation were any higher you might like to consider a glass of paint stripper instead. |
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The factors highlighted in this paper which influence local inflation will be fully circularised over the next few months. |
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The central bank has noted that overall inflation has been higher than expected, due mainly to a jump in gasoline prices. |
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If it weren't for scant inflation and low interest rates, corporate America would have steered right into the middle of a perfect storm. |
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Way back then an ice cream cost one old penny before galloping inflation set in. |
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Before that, however, the euro changeover will push up inflation over the next few months. |
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The importance of this industry is clear from the impact of professional fees on recent inflation figures. |
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Put simply, if inflation is bad, it is difficult to see why rampant house price inflation can credibly be seen as anything good. |
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This could be accounted for by his being credited with reducing rampant inflation through a shock of strict monetary policies. |
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In the early 1980s, the rampant inflation of the late 1970s came to an end much more quickly than anyone thought possible. |
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And third-party agrarians, particularly sensitive to farm debt, chose currency inflation over the gold standard. |
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Clearly, the linear relationship between unemployment and inflation posited by the Phillips curve does not hold. |
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The statement repeated the mantra that rates are appropriate but also added inflation outlook is favourable. |
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We have seen that inflation tells us nothing about the ultimate fate of the Universe. |
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The October producer and consumer price indexes suggest at least a small dollar-related pickup in inflation outside of energy and food. |
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The krona itself has remained remarkably steady, consistent with Sweden's superior public finances and falling inflation rate. |
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A benign interpretation is that financial markets now have unbounded faith in central bankers to keep inflation down in the longer term. |
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In some sense, the cyclic idea still uses inflation to smooth out the universe. |
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However, we have undershot the inflation target for the last two years, and only expect to return to target in around two years. |
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Has anyone but me noticed the gross inflation of pool table costs during the last decade? |
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But eternal inflation is much more than just the claim that the universe inflated at early times. |
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By the end of the year, inflation will average between seven and eight per cent. |
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And my sense from watching unemployment claims and inflation expectations is that the misery index is set to get worse, not better. |
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Japan needs a deliberate inflation and negative real interest rates in order to reduce its excessive total debt and allow for recovery. |
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Time now has smoothed away both the damages of runaway inflation and the hurts of the Kerr dismissal. |
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Runaway inflation is already baked in the cake, and protecting your assets from devaluation should be your number one priority. |
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Right now, benefits are set by a complex formula when a person first retires, and then are adjusted for inflation using the consumer price index. |
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Failure to adjust benefits for inflation was a favorite strategy in Latin America. |
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This sluggish growth will impede the creation of job opportunities, while skyrocketing inflation will definitely decrease people's real incomes. |
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And apropos of my earlier comments, it is appropriate to set a price-path target based on average inflation of several percentage points. |
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Although inflation was reversed, the national debt greatly increased, as did unemployment. |
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The record inflation sparked off speculation on a possible spike in interest rates. |
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We have low inflation and as a consequence of that I think people are creating jobs and full time jobs. |
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Firstly, there is a chronic housing shortage which has been in part responsible for the runaway property price inflation of recent years. |
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Several made the point that with inflation remaining low, it was not enough to sit on your investments. |
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The ongoing contraction of manufacturing industry and low inflation are seen as further arguments for a fresh cut. |
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The biggest danger of QE one that no economist would deny is the destructive inflation that it unleashes. |
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Mr McDonnell said a pay increase at least above the rate of inflation will be the union's minimum demand. |
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Not only is the monetary compensation being offered by the government a paltry amount, but inflation will erode its value over time. |
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The inflation theory says that a baby universe blows up very quickly, like a balloon, in the tiniest fraction of a second. |
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You'd be pretty angry if your salary didn't go up in line with inflation each year, because it would be tantamount to a pay cut. |
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Asset-price inflation may be rampant but the price of goods in the shops is falling as China continues to churn them out at an increasing rate. |
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More growth means lower inflation because it absorbs the money supply, and a stronger dollar. |
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So long as Europe's largest economy sputters, it is hard to see a real threat of inflation in the region. |
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As the general flight to risk assets go to dangerous excess, the nature of financial claims inflation and intermediation are altered momentously. |
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A decline in the statistic suggests a n easing because inflation has declined or unemployment has increased. |
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The indices also reveal that art can be a poor hedge against inflation over short periods. |
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If your nest egg is significant, a portfolio growth rate that keeps pace with inflation may be sufficient. |
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It is also a widespread myth that central banks are inaugurated in order to check inflation by commercial banks. |
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Annual price rises would be limited to a ceiling determined by the government in line with inflation and exchange rate considerations. |
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Trade deficit has risen, exports have almost stagnated and inflation has gone out of control. |
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Yields on bonds are so low that any future inflation is likely to erode the rates of return on government bonds bought today. |
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Oil prices appeared to have stabilised and were likely to have a lasting effect on inflation in the future. |
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Could it be that inflation has ballooned the price of bouncy balls and penny chews? |
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First, all sales and excise taxes feed directly into official consumer price indexes, so such increases create a sharp inflation spike. |
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In the lands of booming economies, low inflation and unemployment, the vox populi was screaming in anger. |
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Suggestions for reforms that might limit house price inflation are plentiful enough. |
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It regularly increases at a far higher rate than inflation and is proving burdensome to increasing numbers of families. |
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Eternal inflation may bypass the complications of extra dimensions and quantum gravity, because these are relegated to the infinite past. |
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Deflation would be equivalent to an inflation of minus two percent pa, with prices generally decreasing. |
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Strike action on Scotland's railways came a step closer yesterday after the main union rejected an above inflation pay rise. |
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Expanding student numbers has merely led to a needless inflation of what employers expect from applicants. |
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The fiscal demands of the military were added to a long-term inflation of currency that came to a head during the crisis. |
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So, as beautiful as the yellow metal might be, gold is neither a hedge against inflation nor a protection against uncertainty. |
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Throughout the history of nations, inflation has been a time-honored and subtle method for governments to plunder its citizenry. |
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But right now, as companies hike prices judiciously, most economists are confident that inflation is still under control. |
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The move should help keep down construction inflation costs and make building sites safer. |
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The governor of the Bank of England would have to write to the chancellor to explain why inflation had overshot its target. |
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With inflation exceptionally low and recovery still not assured, the risk of overstimulating the economy is minimal. |
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Enlisted grade inflation spiraled upward until 1945, by which time every infantry rifle company NCO had sewed on another chevron. |
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The inflation rate which peaked at 8.8 per cent in late September dropped steeply from December to below 5 per cent in January. |
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Unfortunately, breaking our addiction to inflation involves some cold turkey. |
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As cash wage growth falls close to zero, even minor upticks in inflation translate into painful, and highly visible, pay cuts. |
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Rising orders and slowing inflation can't repair growing mistrust among investors. |
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When price increases get out of control, inflation is referred to as hyperinflation. |
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But low inflation is little comfort when storm clouds gather over the jobs horizon. |
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If the economy improves, inflation accelerates and interest rates rise, your Savings Bond rates will go up, too. |
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Mr McQuaid says while the inflation battle has been won, we may have lost the competitiveness war. |
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As war weariness grew and as inflation both measured and helped to produce economic disaster, the situation rapidly deteriorated. |
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The boom that was built on the quicksand of inflation then comes to a sudden end. |
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The truth is, the cost of college has been outracing inflation for decades. |
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In the seventies we were racked with economic problems like huge inflation and double-digit unemployment. |
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But only the spiny puffer combines inflation and pointy spikes in one spectacular defense mechanism. |
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The mechanism that inflation provides that drives the universe towards flatness will in almost all cases overshoot. |
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It will still grow much faster than inflation even after beneficiaries face increased copayments and the likely loss of some benefits. |
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Because the effect of inflation has pushed the wages and salaries of policemen and policewomen into a higher bracket. |
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With rising inflation and diminishing bank interests, many have channelised their money into such businesses. |
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Edinburgh must avoid becoming another southeast of England where house price inflation has priced key workers out of the housing market. |
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We feel that the inflation concerns there were overdone, and mostly due to one-time factors. |
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At first the deficit was partly masked by rampant inflation and partly also set off against the money coming in from privatizations. |
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This chart really puts it all into perspective and shows that all the hoopla over inflation returning is overdone. |
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One main aim of this plan was to halt the rampant inflation of the Nicaraguan currency, the cordoba. |
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We're also told we're experiencing rampant house price inflation which will undermine inflation targets. |
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Student loads have tripled, and, although grade inflation is rampant, few faculty are inclined to question the decline in standards. |
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The policies should encourage economic growth since inflation rates remain low. |
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This is because gold is not only seen as a hedge against the dollar, but as a financial bet against inflation too. |
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At least, flat prices or the absence of inflation is a darn good thing for consumers. |
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If you're over 40, you remember how you thought inflation would keep you from ever finding a job. |
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He also wants to set minimum wage increases in line with inflation if he gets in office. |
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Weighing against this are the potential inflation effects of the weak dollar. |
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By the end of the decade, inflation had halved the real value of football payments. |
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The latest figures show a certain aggravation on the inflation front, according to the report. |
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But today's report comparing property inflation with rises in wages suggests we are frightened of the wrong bogeyman. |
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The government had set aside significant amounts of money to rebuild the city, but inflation meant that this was still not enough. |
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The change has helped hold down inflation levels even as it promotes global growth. |
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The inflation had been forecasted to a certain extent, so the budget's macroeconomic frame would not be recalculated. |
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A long slump in oil prices, 17 percent inflation and unemployment of at least nine percent has kneecapped Iran's economy. |
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The inflation rate would more accurately reflect what's actually happening on the ground. |
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The redeposit of such cash in the banking system would bring about an immediate runaway inflation and a massive flight from the dollar. |
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Those factors are reflected in the government's inflation measure, which simply compares price changes for a set list of items. |
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In the last decade, the economy has gone downhill, the value of the kwacha has declined, and the rate of inflation is high. |
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For years afterward, the index languished below the century mark as the economy slowed and inflation ravaged consumers' buying power. |
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Allowing for obsolescence in intelligence testing is just as essential as allowing for inflation in economic analysis. |
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We can allow for inflation by just excluding it from both sides of the equation. |
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This finding is consistent not only with inflation but with the existence of dark matter. |
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The traditional remedy for inflation in general, and hyperinflation in particular, is gold. |
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Both are key inflation readings which bode well for interest rates and the economy. |
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And then there's the question of adjusting for inflation which I am not altogether sure how to go about. |
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In December he indicated that he was concerned about inflation and the excessive risk taking in the markets. |
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Competition from imported goods may keep inflation in check, some economists say. |
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I know that the Minister will bear these figures out and support me in this, because the growth in vehicle traffic grows greater than inflation every year. |
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Some Fed officials might even be willing to wait to tighten until inflation ticks up and moves the economy well clear of the deflationary danger zone. |
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As a result, the return on any savings or investments needs to at least match the rate of inflation or else you are effectively losing money over time. |
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The Government has placed great emphasis on controlling the level of inflation but yet, a State body is being granted increases well above the rate of inflation. |
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This includes lowering the annual level of inflation to below 5 per cent. |
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Inflation pressures for adults in excess of this are rarely beneficial, and the risk of barotrauma and gastric inflation are similar in adults and children. |
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Similarly, much of the policy rhetoric coming from Washington focuses on fears of incipient inflation that have yet to pan out. |
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Central to inflation is a very early, tremendous burst of expansion, powered by the potential energy associated with a hypothetical scalar field called the inflation. |
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While it is a relief it is not getting higher, hypersensitivity to inflation shouldn't stop that number from getting lower. |
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Financial experts have confirmed the phenomenon of negative real interest rates, but they have also dismissed the concern over inflation in China. |
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But he made it clear that the Government would not be coerced into conceding pay awards which threatened wage inflation as other public sector employees tried to catch up. |
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Unfortunately for savers, they are being slaughtered by inflation very silently but at least they are alive to work like a wage slave for another day. |
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The fact of the matter is that rising inflation is setting at naught the modest gains in take-home pay granted through tax reform and income rises. |
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By removing the exchange rate and interest rates from the direct control of Italian authorities, the plague of high inflation and high interest rates disappeared. |
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In addition, 'core' inflation tends to lag the headline rate. |
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The campaign began in 1979, when runaway inflation engulfed the economy. |
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It comes to something when a proposed council tax increase of more than twice the rate of inflation provides genuine grounds for congratulation and even sighs of relief. |
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Think of this as the obverse of 1970s-style stagflation, which brought us little or no growth, high inflation and high interest rates at the same time. |
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However, the sluggish progress of the monsoon and the rising inflation rate as a result of higher crude oil prices has stemmed the possibility of a runaway rally. |
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The inflation rate edged up in December as a result of higher prices of key consumer products such as vegetable oil, soybean oil, and instant food. |
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Viviana has been shocked by her country's bankruptcy, devaluation, rocketing inflation and unemployment, all combined with a bout of rioting, looting and street violence. |
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In the graph below, the annualized rate of new home construction is shown to have surpassed the two surges of the 1970s when inflation was out of control. |
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The latter is the insidious inflation dodge, a piece of legerdemain that governments have been using over centuries to take bigger and bigger bites of your property. |
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Thus rampant national inflation generates uncompetitive firms, lost export and home markets, trade deficits and an eventual restorative plunge in the currency. |
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Global inflation is not, however, taking off into the blue yonder. |
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Self-promotion improves the self for McCarthy, but how effective, and healthy, is this inflation of the ego? |
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Many central banks, including the european central bank, focus singularly on inflation in their policy decisions. |
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And we have to earn enough to outpace inflation if we want to improve our lives. |
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Over the last two years the bank rates have been cut sizeably, as the inflation rates were low and the bank rates were pruned to match with the real interest rates. |
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This is the most conspicuous and direct mechanism where weak system underpinnings foster heightened asset inflation and unsound economic expansion. |
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How many are taking advantage of real estate inflation and mortgage interest deductibility to fund their retirement accounts or otherwise speculate in the markets? |
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There is some debate as to whether an argon suit inflation system keeps you warm, or merely acts as a placebo i.e. making you believe that you're warmer! |
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He said it was not an acceptable argument to say it was all right for inflation to be well above the EU norm simply because Irish growth is significantly higher. |
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One plus from slack labor demand will be lower inflation next year. |
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The new kwanza, the national currency, is subject to high inflation rates. |
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What harries the inflation worrywarts, though, is that the job markets may not have loosened up enough by the second half to reduce the upward pressure on labor costs. |
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It's like there's inflation on the currency of romance or something. |
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The remarks were later withdrawn when Irish inflation abated. |
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Both you and the creditor would have been better off with moderate inflation than an outright breach. |
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He is also concerned that they have led to significant grade inflation because they are closely tied to the grades that students expect to receive. |
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Chained cpi is a more conservative way of measuring inflation and, in effect, an assault on already-retired seniors. |
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Of course, charges and inflation are both eating into the profit. |
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Hyperinflation is inflation that has burst the bounds of politeness. |
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And with the creep of monetary inflation comes the specter of myriad inflationary effects, currency debasement, and progressive monetary disorder. |
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Without title deeds farmers have had no collateral to secure bank loans, no capital to use to put crops in and cope with inflation at 505 per cent. |
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I broke down grade inflation by instructor rank and found it is much higher among assistant professors, adjuncts, instructors, etc. than for associate or full professors. |
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The union, which is seeking guarantees on job security and above inflation pay rises, has threatened a series of warning strikes if no deal is done on Thursday. |
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The cola increase, which is designed to offset inflation and other economic factors, was cleared last year without incident. |
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It's easy to dismiss the jump in inflation as a temporary blip. |
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Central banks that have acquiesced in, or abetted, high inflation are practicing a form of financial corruption that eventually leads to financial ruin. |
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The Bank of England will also provide guidance on its interest-rate strategy when the governor, Mervyn King, presents its quarterly inflation report. |
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The authors trace inflation and financial panics to the federal government intervening into banking, which had up until that time been primarily a state matter. |
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And the public, which was also suffering through high inflation and anemic GDP growth, had had enough. |
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The move is designed to keep house price inflation and borrowing in check. |
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Their accommodative nature is now fuelling inflation levels. |
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Another explanation, and this one is more reassuring, is that people aren't responding to the temporary inflation blip caused by higher petrol prices. |
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Indeed, by the end of 1981 inflation was rampant, reaching 14.1 percent. |
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Likewise, there could a pressure on inflation if oil prices continue to spurt in the global market, which in turn would choke the growth prospects. |
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The modern version of monetarism argues that if foreign central banks were committed to price stability, then a worldwide concerted assault on inflation would be successful. |
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You'll also find other information on the sidewall such as the type and composition of the tire, the maximum cold inflation and maximum load in pounds. |
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In many bivalve shells, growth lines become closely spaced in the late growth stage, accompanied by prominent shell inflation and thickening of the shell. |
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Normally, as the economy overheats inflation begins to take hold. |
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This was because of fears of inflation rising at a fast clip. |
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Declining business performances and soaring consumer prices indicate that the nation could suffer stagflation with low economic growth and high inflation this year. |
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Lower denominations such as 1, 5, 10 bututs don't circulate because of the effects of inflation which have rendered the coins worthless in day-to-day commerce. |
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As pointed out earlier, the increase in inflation in the last quarter for 2002-03 was dominated by certain commodities such as edible oils, oil cakes and mineral oils. |
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I found a used milker inflation tube fits snugly over a 1-quart plastic oil can and makes a pour spout for hard-to-reach transmissions on combines. |
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What you may see, as a result of this shakedown, is an end to the false house price inflation that we saw in some sections of the south Dublin market last year. |
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Unemployment rates were high, inflation rose, and OPEC had increased oil prices several times. |
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But the overall funding rises, against a national inflation rate of 2.3 per cent, masked big differences in the detailed share-out among Yorkshire councils. |
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It is hardly surprising, then, that inflation has been on an upward trend. |
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Markets dread inflation for it has the potential to push up interest rates in the economy, which in turn caps economic growth. |
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The poor administration in the supply chain of some food items is not helpful cither in positively altering inflation expectations. |
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Action now is crucial to ensure the UK isn't gripped by stagflation, with the economy in the slow lane but inflation rising. |
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This time, however, we nominalize pretax capital income at the new inflation rate. |
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If inflation lasted much longer than the minimum number of required efolds, our bound relaxes to coincide with the usual bound. |
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This limited inflation in those countries, but also exposed them to the danger of speculative attacks. |
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You used to get half penny stamps and because of inflation the postal rates kept changing and there was always new stamps. |
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Some banks have a symmetrical inflation target while others only control inflation when it rises above a target, whether express or implied. |
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Central bankers target a low inflation rate because they believe deflation endangers the economy. |
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The Austrian School stresses that inflation is not uniform over all assets, goods, and services. |
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The official said that Russia was suffering from stagflation, a mix of stubbornly high inflation and flat economic growth. |
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If economic growth matches the growth of the money supply, inflation should not occur when all else is equal. |
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Low inflation in recent months has raised concerns of deflation, a sustained drop in prices that can choke off growth. |
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Grade inflation refers to an increase in grade point average without a concomitant increase in achievement. |
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Keynesians emphasize reducing aggregate demand during economic expansions and increasing demand during recessions to keep inflation stable. |
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Caught in the dilemma between inflation and economic growth, the CBC chose to stick to the status quo. |
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It's simply that the unacceptability of deflation to policymakers makes further attempts to create inflation more likely. |
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Monetarists assert that the empirical study of monetary history shows that inflation has always been a monetary phenomenon. |
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Monetarists believe the most significant factor influencing inflation or deflation is how fast the money supply grows or shrinks. |
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Examples of the latter are the first lag TBH effect on INFL, the CG effects on RWAGE and the WINFL effects on the domestic inflation rate. |
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Therefore, some level of inflation could be considered desirable in order to minimize unemployment. |
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The Federal Reserve's statement on recent inflation was interpreted as dovish by the market. |
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However, Bank independence was popular amongst the financial community as it helped to keep inflation low. |
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It does not control inflation, but rather seeks to mitigate the consequences of inflation for those on fixed incomes. |
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In this view, while generally grounded in monetarism, future expectations and strategies are important for inflation as well. |
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A fundamental concept in inflation analysis is the relationship between inflation and unemployment, called the Phillips curve. |
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The ECB should change its inflation ceiling to 3 percent and adopt inflation targeting with a range of 1-3 percent. |
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Conversely, if policy and market rates were set below the natural rate, excessive credit creation and harmfully high inflation would result. |
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High or unpredictable inflation rates are regarded as harmful to an overall economy. |
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Historically, a great deal of economic literature was concerned with the question of what causes inflation and what effect it has. |
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Any unexpected increase in the inflation rate would decrease the real interest rate. |
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A stronger Sterling also drags on inflation expectations and by keeping Sterling relatively low, the disinflationary risks will hopefully weaken. |
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The Federal Reserve's recent statement on the slowing of inflation was interpreted as hawkish by the market. |
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These imports contributed to inflation in Spain and Europe from the last decades of the 16th century. |
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Adam Smith and David Hume proposed a quantity theory of inflation for money, and a quality theory of inflation for production. |
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In part, it helped to bring about a period of very high inflation from 1544 onwards. |
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Cash-flows from ground rents are characterized by their first-ranking title over the property and full inflation protection of up to 198 years. |
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