Inflation and recession: Can the world defeat both in 2023?
Al Jazeera· 52 minutes agoWhen global leaders gathered at the annual World Economic Forum conclave in Davos last month, they...
Britain examines inflation-linked hikes in broadband bills
Reuters· 12 minutes agoBritain's telecoms regulator said on Thursday it was concerned that inflation-linked hikes in broadband and mobile bills were causing uncertainty for customers, as it launched ...
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Reuters· 17 minutes agoBank of England Governor Andrew Bailey and other BoE officials spoke to lawmakers on Thursday, a...
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The Forex Market· 25 minutes agoBank of England (BoE) Chief Economist Huw Pill and policymaker Jonathan Haskel are testifying before...
German Inflation Slows to Five-Month Low on Energy Aid
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What’s The US’ Projected Inflation Rate In 2023?
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Press Association News via AOL· 17 minutes agoThe move follows consumer groups urging broadband firms to drop penalties for customers leaving...
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Fed President Jerome Powell keeps saying that the Fed’s fight with inflation is not done yet
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- Inflation in the United States
In economics, inflation is a general increase in the prices of goods and services in an economy. When the general price level rises, each unit of currency buys fewer goods and services; consequently, inflation corresponds to a reduction in the purchasing power of money. wikipedia.org
- Federal Reserve policymakers evaluate changes in inflation by monitoring several different price indexes.
- .
- Consumer Price Index (CPI), produced by the Bureau of Labor Statistics (BLS), is the most widely used measure of inflation
- The Federal Reserve prefers to use the Personal Consumption Expenditures (the PCE price index) when gauging inflation and the overall economic stability of the United States
- Producer Price Index (PPI), which reports the price changes that affect domestic producers, is another measure of inflation
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- Cost-push inflation
- Demand-pull inflation
- The housing market
- Expansionary fiscal policy
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source: wikipedia.org, investopedia.com, federalreserve.gov, brookings.edu
