Current Macroeconomic Situation

Current macroeconomic situation

Current macroeconomic situation

Inflation can be characterised as a sustained increase in the general grade of charges in an economy. Like job loss, inflation is a major topic in economics, nearly related to the fluctuating grade of financial activity in a region. In U.S.A, the Federal Reserve attempts to hold the inflation rate in the targeted range of between 2% and 3%.

Economists generally identify four main causes of inflation: demand, cost, imported and inflationary expectations. In U.S.A, the average annual rate of inflation in the past 40 years has been at 5.9%, where a good purchased in 1966 ...