And while indicators such as retail sales and exports are solid, there is
little evidence of inflation, meaning the central bank faces no serious pressure to cool the economy.
And while indicators such as retail sales and exports are solid, there is
little evidence of inflation, meaning the central bank faces no serious pressure to cool the economy.
Not exact matches
As Posen pointed out during a speech in Aberdeen, Scotland, there is generally «
little or no credit growth,
little wage growth beyond productivity,
little evidence of rising
inflation expectations» in Western economies.
His
evidence: rising short rates, low long - term rates (suggestive
of little inflation), the rise in value stocks, and outperformance in emerging markets relative to U.S. equities.
In that sense, the Fed has the potential to make a huge structural difference in the economic lives
of blacks and other minorities by heavily weighting the full employment part
of the their mandate relative to the
inflation part, especially since there's still considerable slack in the job market, with lower - wage, minority workers facing the brunt
of it, and — importantly —
little evidence of inflationary pressure (if anything, the Fed has missed their
inflation target on the low side for a few years running now).
For example, when we have seen big moves in energy costs, such as the price
of gasoline, there has been
little evidence that consumers began to adjust their overall
inflation expectations, either upward or downward.
... there is
little evidence of any weakening
of price competition in grocery retailing and wholesaling has played a significant role in explaining recent increases in food price
inflation.
But the rise in oil and commodity prices pushed up
inflation in the UK more than in other countries, demonstrating the downsides
of a policy
of deliberate devaluation to which much
of the British economic policy establishment remains committed as an article
of faith, despite
little evidence that it has done much long term good.
However, previous charges
of wait - list «
inflation» referred to state - generated figures, which the unions had
little evidence for disputing.
The central bank concedes there is
little evidence of price pressures in the
inflation numbers themselves.