How do we know if prices are going up across the whole economy, or just for some products? One solution is to create an index of price changes across the entire economy – but this isn’t perfect.
Articles on Inflation targets
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Ghana’s central bank has faced criticism for its role in the country’s economic crisis.
Increasing the minimum wage is a temporary fix. Upgrading the skills of Nigerian workers is the surest way of boosting their wages.
Factors pushing inflation rates downwards in other parts of the world are achieving the exact opposite result in Nigeria.
The real question in the minds of many economists is what the trend in inflation will be going forward, and when interest rates will begin to fall and bring relief to Canadians.
The reputation of the Bank of Canada will be undermined if the public believes the bank’s method of controlling inflation is no longer the right move.
The Fed is waging war to get inflation down to its preferred level of around 2%. An economist explains what’s so special about that number.
Because central banks delayed interest rate increases early in the pandemic, they have spent 2022 playing catch-up with runaway inflation.
The Bank of Canada’s expansionary monetary policy in 2021 is an important source of the high inflation we are experiencing today.
With the keys to Number 10 now in her handbag, will the new PM really give the UK a dose of supply-side economics?
Inflation is bad for any country’s economy. It also hurts the wealth and financial well-being of individuals and households.
Top contributors
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Professor of Economics & Business, Allegheny College
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Visiting Professor at the Business School, University of the Witwatersrand
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Honorary Research Fellow, City Political Economy Research Centre, City St George's, University of London
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Professor, School of Economics; Director of the Centre for Applied Economic Research, UNSW
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Professor of International Business, Rotman School of Management, University of Toronto
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Professor of Economics, University of Calgary
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Professor, Rotman School of Management, University of Toronto
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Associate Professor, Faculty of Liberal Arts, Wilfrid Laurier University
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Associate Professor of Economics, Pace University
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Lecturer in Economics and Finance, University of Ghana
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David E. Mitchell Professor of Finance, University of Calgary