Sentences with phrase «ripple effect of inflation»
But when higher oil prices really pull into port, the ripple effect of inflation across every part of the economy will weaken the dollar's purchasing power.
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Even if Canada doesn't start dropping payloads of cash itself — something Cooper says he does not foresee in the next three years, at least — the ripple effect of a central bank explicitly targeting higher inflation and adopting formerly verboten measures to get it would be felt on these shores in the form of increased global volatility.