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Tag: Inflation

Five Ways to “Deflate” Your Budget
Financial Q&A

Five Ways to “Deflate” Your Budget

Inflation is often a terrifying term. In the future, you’ll have to pay more for the same goods and services since the money you earn now won’t be worth as

Some Common Effects of Inflation
Financial Q&A

Some Common Effects of Inflation

Inflation is the term used to describe the general upward trend in prices of goods and services over time. The average annual inflation rate in the US was 3.27% from

Why the US Fed Set 2& Target
Financial Q&A

Why the US Fed Set 2% Target?

Let’s talk about the US central bank and how the Fed‘s 2% target came about. In July 1996, the then Federal Reserve Chairman Aaron Greenspan pointed out at the Fed

Why Fed Raising Interest Rates To Counter-bat Inflation
Financial Q&A

Why Fed Raising Interest Rates? To Counter-bat Inflation

Why is the Fed raising interest rates lately? The Federal Reserve enacted the second consecutive 0.75 percentage point interest rate increase as it seeks to control runaway inflation without creating

How Do Governments Cope with Inflation
Financial Q&A

How Do Governments Cope with Inflation?

Inflation occurs when spending on goods and services exceeds output. Prices may increase because of supply constraints that drive up the cost of producing goods and rendering services, or because

What You Should Know about Cost-push Inflation
Financial Q&A

What You Should Know about Cost-push Inflation

Cost-Push Inflation: What Is It? When overall prices rise (inflation) as a result of rising costs for wages and raw materials, this phenomenon is referred to as cost-push inflation, also

Things You Should Know about Wage-Push Inflation
Financial Q&A

Things You Should Know about Wage-Push Inflation?

According to the economic hypothesis known as wage-push inflation, rising wages cause inflation. According to the argument, businesses will increase the cost of their finished items as a result of

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