Reagan and Federal Reserve Chairman Paul Volcker took on double -
digit inflation with double - digit interest rates, inflation was pronounced dead, striking air controllers were simply fired in a no - nonsense way, and the Reagan years generally got high marks.
Not exact matches
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.
Venezuela's oil production plunged last year to the lowest in decades as Maduro's socialist government contended
with quadruple -
digit inflation, a contracting economy and social unrest.
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.
However,
with the economy nearing full employment, easy money could set off a wage - price spiral reminiscent of 1970s double
digit inflation.
We are after all the party
with the best record in terms of having the longest sustained period of single -
digit inflation.
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.
With low net international reserves, a double
digit fiscal deficit, double
digit current account deficit, and double
digit inflation, Ghana may have to pay a very high interest rate, possibly, a double
digit interest rate, for any sovereign bond issued this year.
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?
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.
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.
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.
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.