inflation (4)

Federal Reserve October Decision and inflation!

 

Yesterday, Mr. Jerome powell has announced interest rate cuts, The  Fed cut its Fed funds target rate 25 base points to 1.50% to 1.75%, and gave its point of view about the US economy and expectations, so what is the role of the federal reserve, why this decision has been made, why inflation is main issue to Fed?

The Federal Reserve was founded in 1913, and it is the central bank of the US, the general role of this bank is to monitor and do any adju

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Zimbabwe Inflation Hits Highest Level Since 2008

The inflation rate in Zimbabwe has hit its highest level since 2008, this is when they were forced to adopt the US dollar in 2009. The inflation rate soared from 5.39 percent in September to 20.85 percent in October. Along with the US dollar, Zimbabwe has a parallel “bond note” that collapsed shortly after this spike. This has forced businesses to triple their prices and has many Zimbabwe citizens fearing that the hyperinflation that happened to their original currency is happening again.

 

With t

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Inflation Prevention with Monetary Policy

ECON 6644 - 02 

“Monetary policy is directly responsible for economic and financial stability”

This article discusses how central banks around world play the top role at controlling the economy’s life. They should know and see everything in order to properly act on it in a timely manner. Without this and proper monetary policies, a financial crisis is bound to happen. In the last major financial crisis, the US and EU were very affected. Both these countries monetary policies and central banks fail

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What did FED do yesterday?

March 15th, 2017, Wednesday, was an interesting day:

For couple of reasons:

First, the Consumer Price Index (CPI) figures were announced by the Bureau of Labor Statistics (BLS). BLS announces the CPI on a monthly basis. The percentage change in the CPI from one month to another is called monthly inflation. The CPI moved up by 0.1% in February (from January). The annual inflation – the movement from month to the same month in the previous year - came in at 2.7%.

Second, the Federal Reserve Ban

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