Sentences with phrase «digit inflation of»

For example, the double - digit inflation of the 1970's was caused by banks keeping interest rates low in an attempt to stimulate a weak economy, at a time when imported inflation from the oil shock was high (leading to stagflation).

The worst year to retire turned out not to be 1929 but 1969, just before the double - digit inflation of the 1970s.

Not exact matches

He predicts inflation approaching double - digits by 2020, given the unprecedented levels of monetary stimulus from central banks.

A self - described «enemy of interest rates», he has repeatedly called on the central bank to lower rates to boost growth, even though inflation in running at double digits.

With inflation believed to be in triple digits, vast lines outside supermarkets owing to shortages of basic goods and an 80 % collapse of the currency on the black market, it was the economy that turned Venezuelans away from the government.

While modest wage inflation bodes well for the Japanese stock market on average, the sectors best positioned to benefit are those in which wages as a percentage of revenue are low, typically in the single to low - double digits.

The folks who financed the Vietnam War deficits got burned the worst — the triumphant return of double - digit inflation swindled them out of nearly a third of the return they were owed from their US Treasury bonds.

Anybody who lives in China knows that the real rate of inflation for food, housing, and income is well into the double digits.

This is because of increased media as Drew previously discussed and media inflation in the upper single - digit range along with normalized incentive compensation levels.

-LRB-...) Labour - intensive industries across Dongguan, a city of 8m that from a distance resembles a forest of factories, are grappling with a drop in orders from the west at a time when double - digit Chinese wage inflation over the past couple of years has prompted western retailers to move orders to south - east Asia and Bangladesh.

The annual inflation rate in the United States, as measured by the CPI, exceeded 20 percent in 1917, and remained in double digits for the next three years (17.5, 14.9, and 15.8) before the partial reversal of 1921.

However, with the economy nearing full employment, easy money could set off a wage - price spiral reminiscent of 1970s double digit inflation.

We are not suggesting that we should brace for double - digit inflation in the near future; a partial correction of velocity and money multipliers toward historical norms is plausible, however, and would put additional pressure on inflation, complicating the normalization of monetary policy.

Prices are inching up from recent years, although, nothing like the double digit inflation rates of the 1980's.

In the 1970s, it was exactly this type of double - digit inflation that set the stage for the high real returns realized after 1980.

Critics of President Nicolas Maduro's socialist government point to the administration's own missteps for the country's spiraling quadruple digit inflation, making common goods too expensive for most residents.

The bank's reluctance to aggressively tighten policy in the face of double - digit inflation has increased concern that it is under pressure from Turkish President Recep Tayyip Erdoğan.

We are after all the party with the best record in terms of having the longest sustained period of single - digit inflation.

Incompetence is how the NPP pursued aggressively the attainment of single digit inflation and was to reach it for 8 long years except for one short month.

Notwithstanding the impact of Naira devaluation and double digit inflation in Nigeria and a number of other African countries where UBA operates, the Group managed through its cost lines to deliver a sterling Profit Before tax (PBT) ofN57.5 billion, representing a significant growth of 65.5 percent over N34.8 billion recorded in the corresponding period of June 2016.

Inflation, the President added, has declined from 15.6 % at the end of 2016 to 10.4 % at the end of March this year, and is expected to decline even further to an end - of - year single digit target of 8.9 %; with economic growth increasing from 3.6 % in 2016 to 8.5 % in 2017.

By 1978 the economy had started to show signs of recovery, with inflation falling to single digits, unemployment falling, and living standards starting to rise during the year.

In October, Central Bank Governor, Godwin Emefiele said he expected inflation rates to fall at a faster pace and reach the high single - digits by the middle of 2018.

On the economy the manifesto says the next NDC government will pursued in the next four years: an average GDP growth rate of at least 8 per cent per annum and a single digit rate of inflation;

healthcare and pension increases are double - digit... certainly not subject to a cap at the rate - of - inflation.

I have never paid four digits for a pair of shoes, and I'm not sure I ever will (unless inflation really gets me).

I would count on consuming dividends from stocks with a reasonable degree of certainty that it will keep pace with inflation (that's the long - term record, the double - digit increases of the recent past were not sustainable anyway).

Does the prospect of high single digit current income with inflation protection and even appreciation potential warm your retirement spreadsheet?

That's not to say that we can't ever see a period of double - digit inflation again — of course, that remains a possibility.

If you had elected this same $ 2000 per month payment in 1970, by 1980 the equivalent payment would only have been $ 1008, because of the double digit inflation during this period.

But that included periods of double - digit inflation and steadily declining interest rates, two things we're not likely to see in the decade ahead.

The first hand history of monetary policy in the US that economists and bankers can personally recall goes like this: 1970s saw rampant double digit inflation, Paul Volcker saved the economy and the Fed by ending inflation with a deep recession, setting the stage for two decades of economic growth and all was fine until home price inflation spooked the Fed and led to the financial crisis.

The oil shock, the double - digit inflation in the US, and a drop of 50 % in the US stock market made businesses look harder for ways to manage risk and insure themselves more effectively.

The returns on PPF are always in single digits and most of it is taken away by inflation, leaving a paltry sum for future.

In the case above with the death in the 60's, there have been times of inflation when those companies current interest rates would have been in double digits.

It is in desperate need of US dollars, with inflation running into quadruple digits — which has made the Venezuelan bolívar worthless.

You're staring down the barrel of double - digit inflation rates, and unemployment statistics are showing numbers that have never been higher.

Following the double - digit growth in home prices last year, economists predict the gains will now fall into line with inflation and more historical rates of growth.

In addition, rent increases were ahead of inflation, mortgage delinquency was at a historic low, and returns on retail investment had risen to double - digit levels for the first time in more than a decade.

Following the double - digit growth in home prices last year, Clear Capital economists predict that national home prices will now fall into line with inflation and follow more historical rates of growth.