Sentences with phrase «upward pressure on inflation»

Many of those jobs have been in service sectors which, unlike manufacturing, have been growing and even putting upward pressure on inflation in those sectors.

The report said the primary upward pressure on inflation was driven by higher costs for air transportation, gasoline and restaurants.

As a result, easier fiscal policy and rising deficits may also put upward pressure on inflation and bond yields.

If true, expect more fuel to be added to the commodities fire, further increasing drag on global economic activity while adding to the already worrisome upward pressure on inflation.

These measures will almost certainly balloon the federal budget deficit, which will put upward pressure on inflation during a time of low unemployment.

Our econometric analysis shows that global factors play a dominant role in driving inflation at the individual country level; our measure of the global output gap has begun to increase, and should rise further as emerging markets recover, exerting upward pressure on inflation rates.

Based on the CPI, inflation is currently 1.3 per cent (Graph 12), although the Bank of England expects upward pressure on inflation to build gradually over the medium term.

The Bank of Canada's July estimate that GDP contracted in the first half of 2015 received all the attention, but more important was its forecast for the «potential growth rate» — the speed at which the central bank thinks the economy can expand without putting upward pressure on inflation.

Instead, all of its euro - denominated obligations would become a heavier burden, and imports would become more expensive, putting upward pressure on inflation.

Non-energy exporters were getting a bigger boost from the exchange rate than the Bank of Canada expected in October, putting upward pressure on inflation, he said.

Policy makers now say it will take until the middle of 2018 before Canada's economy is generating output at a level that would put upward pressure on inflation, «materially later» than was previously expected.

St. Louis Fed President James Bullard says the US labor markets are relatively tight, and may put upward pressure on inflation.

In 2005, the potential annual growth rate of the global economy — the rate at which there is no upward pressure on inflation — was 5 %.

Therefore, because the economy has been rolling since at least the middle of last year, upward pressure on inflation must be building.

The economy continues to gain strength, and the minutes said a decline in the foreign exchange value of the dollar was also likely to put upward pressure on inflation.

Strengthening wage growth should put upward pressure on inflation and keep the Federal Reserve on a gradual path of monetary policy tightening.

At the current stage of the expansion there are a number of factors that might be expected to put upward pressure on inflation.

Labor shortages are expected to cause wages to rise and put upward pressure on inflation.

The stimulus from lower taxes will put upward pressure on inflation, forcing borrowing costs higher.

Economic data has been improving, financial markets are calm, and Trump's planned fiscal spending will likely put upward pressure on inflation — not to mention the impact of rising crude oil prices.