Sentences with phrase «double digit inflation»

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.

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.

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.

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.

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

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

But in fact Chair Yellen and her colleagues on the Federal Open Market Committee have already baked double digit inflation into asset prices.

Not exact matches

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

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.

Vietnam was once billed as Asia's next economic tiger, but double - digit inflation, a ballooning trade gap, tumbling share prices and banking sector concerns have dampened expectations to a large degree.

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.

And when the Federal Reserve Board once again greased the presses during the Vietnam War, inflation soon made a triumphant return to double - digit territory.

Double - digit inflation is Turkey's most pressing economic problem, and a growing worry for President Tayyip Erdogan and his ruling AK Party as they head into elections on June 24.

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

The first was from 1980 to» 82, when Federal Reserve chairman Paul Volcker raised interest rates to crush double - digit inflation and the U.S. economy experienced two closely spaced recessions.

-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.

By the mid 1980s, once inflation had been brought down from double - digit levels, a consensus on macroeconomic policy emerged.

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.

They argue that, if double - digit money supply growth can sit happily alongside a 2 or 3 % inflation target and an appreciating currency, then surely the argument is settled.

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.

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

When Eisenhower's less fiscally conservative successors again pressured the Fed for support, the eventual result was double - digit inflation.

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.

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

The fundamental conditions that CAUSED double - digit inflation in the 1970s no longer exist.

This drove interest rates to double - digit levels, reduced inflation and sent the economy into a recession.

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).

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

That century included global war, double - digit inflation, deflation, booming prosperity, recession and depression, currency devaluation, sovereign defaults, high interest rates, low interest rates, asset bubbles, terrorist attacks and disco.

In the 1970s and early 1980s, inflation was at double - digit levels and was projected by almost everyone to be ever increasing.

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.

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).

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.

I'd imagine if we get high inflation and the bond yields rise again to double digits, at that time it could be a good idea to buy bonds.

Double - digit inflation could quickly follow...

Double - digit nominal interest rates on savings accounts were commonplace but so was double - digit inflation; prices increased by 11.3 % in 1979 and 13.5 % inDouble - digit nominal interest rates on savings accounts were commonplace but so was double - digit inflation; prices increased by 11.3 % in 1979 and 13.5 % indouble - digit inflation; prices increased by 11.3 % in 1979 and 13.5 % in 1980.

In the late 1970s inflation was well into double digits at 12 % to 15 %.

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.

Medical inflation in India is in double digits.

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.

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.