Some local government officials and school districts this year, along with labor unions, are urging lawmakers and Gov. Andrew Cuomo to remove the rate of inflation component of the cap and simply limit levy increases to 2 percent. (nystateofpolitics.com)
In contrast, core inflation, which strips out the most volatile inflation components, is facing upward pressure because recent declines in the exchange rate are boosting the prices of imported goods. (bankofcanada.ca)
Every economics student, at some point early in his or her education, has seen the Fisher equation, where the nominal interest rate is broken down into an expected inflation component and an expected real interest rate: (aswathdamodaran.blogspot.ru)