Heterodoxy sometimes works. But probably not now.
Tag: Inflation (Economics)
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Britain’s Labor Shortage Is Helping Drive Its Inflation Problem
Many of Britain’s employers, faced with a labor shortage, are raising wages to attract workers. That’s sowing the seeds of faster inflation.
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Economic Aid, Once Plentiful, Falls Off at a Painful Moment
Food insecurity is rising again as relief provided by President Biden’s $1.9 trillion stimulus package wanes.
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Markets slump on inflation concerns ahead of Jerome Powell’s speech.
Increasing pessimism about the possibility of a recession and the Federal Reserve’s efforts to rein in inflation have put the brakes on a market rebound.
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Why Many in Argentina Continue to Bet on Cryptocurrency
Even though cryptocurrencies have lost value, many Argentines see them as a less risky choice than their own currency, whose worth has plunged as inflation has soared.