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The trade war between the U.S. and China began in March 2018. The American side raised import duties on aluminum and steel from China, which were later extended to other countries, including Canada, Mexico and the EU member states. This drew a negative reaction from those countries and bilateral negotiations with the U.S. In June … Continued
Positive signs emerging from the global economy prompt many economists to voice their concerns about the threat of imminent inflation. However, a careful investigation of the current economic environment suggests that while some risks exist and need to be monitored ‐ inflation is very unlikely to get out of control in the short‐to‐medium term.
As inflation targeting gains popularity policy makers, monetary authorities seek to design a measure of inflation that would be a good indicator of fundamental demand-driven price movements, i.e. the underlying or core rate of inflation. It is widely acknowledged that the Consumer Price Index (which is the simple weighted average of price changes of the … Continued
