In fact, these rapid
inflation changes occurred 53 times in the past, but only in 13 (same year) or 12 (next year) cases were the subsequent nominal stock returns negative.
Not exact matches
Higher
inflation wouldn't make those issues go away, nor make them any easier to cope with (as we know from our own history when
inflation was high and structural
change still had to
occur).
The status of the Statement has been reinforced by the issuance of a second Statement (almost identical to the first) upon the re-appointment of Governor Macfarlane in 2003 and the appointment of current Governor, Glenn Stevens, in 2006, as well as upon the only
change of government that has
occurred since the formalisation of the
inflation target.
And it is quite likely that this
change occurs in reaction to the current economic data flow, which reveals core
inflation to be trending upward, nearing the Fed's target of 2 %.
It's probably good to consider revisiting your budget when life -
changing events
occur, and set intervals to adjust for smaller stuff like
inflation and
changes in fixed costs.
Locking in practice management software for vets at $ 60 for years and years while
inflation and other economic
changes occur that drive up prices elsewhere is a SMART, EFFICIENT and PROFIT driving move for your veterinary practice.