CURRENT STATE OF THE ECONOMY

Current state of the economy

Current State of the Economy

Inflation rate

In economics, the inflation rate is a assess of inflation, the rate of boost of a cost index. It is the percentage rate of change in cost grade over time. The rate of decline in the buying power of cash is roughly equal(Borio, 2004).

Inflation is a worry

There have been large-scale functional moves in the world economy, for example trade and economic globalization, and in one-by-one economies, for example the down turn in trade amalgamation power. Monetary policy itself has moved to a far larger aim on inflation. ...