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Is inflation rising dangerously quickly?
Unemployment was 17% and inflation rising.
This just led to inflation rising.
By creating economic slack, this should stop inflation rising further.
Looking further ahead to 2007, the Bank sees inflation rising above the 2.0% target.
Today, with inflation rising, the Fed would no longer have that option.
The Fed is caught in a bind, with inflation rising and growth perhaps slowing.
Some commentators have started talking of stagflation.Why, if growth is slowing, is inflation rising?
Both numbers indicate an economy some way from full capacity, so why is inflation rising?
The Bank of England kept interest rates steady at 5.25%, despite inflation rising well above target.
But they are also worried about pressing economic problems such as inflation, rising crime and corruption.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com