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Policy for Lowering Inflation

Introduction. Inflation is a general rise in the prices of commodities and services within a specific time, leading to a decline in the value of money. In other words, Inflation lowers the currency’s value and raises the cost of living. An increase in the money supply is the most common cause of Inflation. This essay ... Read More
Pages: 6       Words: 1614

Nature of High Inflation Rate

The current debate over inflation and the economic consequences of contractionary monetary policies has been ongoing—the U.S. The Federal Reserve, as well as other major central banks, have implemented procedures to counter the high inflation rate to either achieve a hard landing (recession) or a soft landing (growth slowdown without a recession). The proponents of ... Read More
Pages: 7       Words: 1689
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Key Findings on the Causes of the High Inflation Rate

The Russia-Ukraine war offers entrepreneurs, company leaders, and policymakers a new challenge regarding its economic impact. Covid-19 had already disrupted the global economy two years before the war, and economies, especially in emerging countries, were beginning to recover. With the war causing supply and price shocks, most countries having close trade ties with Russia or ... Read More
Pages: 14       Words: 3724

Price Stability Should Be the Primary Target of Central Banks Around the World in the Next Decade

What Data Can You Use to Support Your Arguments? Central banks around the world have adopted inflation targeting. Countries indulging in inflation targeting have more developed and emerging markets and developing economies. These countries are determined to ensure a full-fledged commitment to meet specific inflation rates within a specified time frame. According to Skinner (2020), ... Read More
Pages: 6       Words: 1505
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