usinflation
U.S. inflation reached a whopping 7.9% in February, the highest in almost four decades. At this stage, several causes have been weighed from different political fronts, but government spending is the main culprit, according to a new study by the Federal Reserve Bank of San Francisco. U.S. Inflation CausesQ4 2021 hedge fund letters, conferences and more The government’s spending agenda has included a massive $6 trillion in relief measures to dampen the economic effect of supply chain issues, lockdowns, and unemployment, all related to the Covid health crisis. Out of this amount, lawmakers appro...
ValueWalk
U.K. inflation has shot up by 3.2% in August YoY from 2% YoY in July. This is the biggest monthly rise in the historical series, which began in 1997. Analysts expected a minor rebound to 2.9%. Q2 2021 hedge fund letters, conferences and more U.K. Inflation At A Record HighAs confirmed by the Office for National Statistics (ONS), the monthly rise in the general CPI was 0.7% –above the 0.5% predicted by analysts. However, the agency has specified that this large monthly rise "is likely to be a temporary rise." In this sense, the ONS has explained that the greatest contribution to the rise is a b...
ValueWalk
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