How confident should we be in her plan? On the one hand, falling inflation and interest rates should provide a more fertile environment for consumer spending and business investment. The ...
Inflation measures the average change in prices for goods and services over time. In other words, inflation represents an average increase in prices. Deflation is the opposite — it represents an ...
A half-point increase in the peak of inflation, a one-year extension in the return to a sustainable rate of 2%, and slower than anticipated rate cuts, all flow from her red box, the Bank forecasts.