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Domestically generated inflation is low, and headline inflation is declining too.
This price index, which is the broadest measure of domestically generated inflation, rose by 2.6% in 2004 compared with the previous estimate of 2.1%; and by 2.2% in 2005 rather than 1.9%.
Bernanke and others tried to point out that it was mainly about gasoline, with nothing much going on in measures of domestically generated inflation; for this they (and I) were attacked fiercely.
Domestically generated inflation is still high: while the prices of most categories of goods (which are traded more than services) have fallen in the past year, service inflation has been running at 3.4%.
He added that the Bank of England should be able to follow through with more monetary easing to support the economy, such as interest rates and a multibillion-pound bond-buying programme, without worrying about stoking domestically generated inflation too much.
"Originally it was low because of the high exchange rate and lower import prices affecting goods; now domestically generated inflation, affecting services, is coming down".In this section Means and ends Barclays' big ambitions The good, the bad and the fast Things fall apart Clarification Robin Cook's bananas Filling Dewar's shoes Back to the steam age Golden pavements Have rates peaked?
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It might wait too long and let too much money generate inflation.
"They are counting on the Fed to be successful in generating inflation".
Mr. McTeer is known for his belief that the economy can grow at a robust pace without generating inflation.
Mr. Meyer believes that with unemployment around 4percentt, even 3.5percentt annual growth might be enough to generate inflation pressures.
Higher productivity means businesses can produce more for less, allowing profits and wages to rise without generating inflation.
Related(20)
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calculated inflation
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generated content
generated tension
generated applause
generated laughter
generated user
generated mayhem
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generated controversy
generated cash
generated suspicion
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