Hasn't law school tuition increased far more
quickly than inflation in this period?
Not exact matches
That would imply the spare capacity in the economy is being squeezed out more
quickly than thought and that
inflation pressures may take hold a little bit faster
than had been anticipated.
The tumult that saw global equity markets begin to fall at the beginning of February was triggered by U.S. jobs data that showed wages grew more
than anticipated, raising worries that signs of higher
inflation might push the U.S. Federal Reserve to increase interest rates more
quickly.
In these circumstances,
inflation in the short term would decline more
quickly than forecast.
The risk of a more substantial and sustained pick - up in
inflation would be heightened if the economy were to expand significantly more
quickly than currently envisaged.
The growth /
inflation combination could keep the Fed from tightening monetary policy more
quickly than expected.
Canada wasn't the focus of the panel discussion the governor was participating in, but Carney did hint, in passing, that the BoC is willing to put up with higher
than two per cent
inflation in order to avoid hurting highly indebted Canadian households by raising interest rates too
quickly.
This has some market participants worried that the Fed may see a need to act more
quickly this year
than in the past in order to stay comfortably ahead of
inflation.
Although the report was great news for U.S. workers, on Wall Street the rosy jobs picture generated fears of higher
inflation that might drive the Federal Reserve to raise interest rates more
quickly than anticipated.