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A major source of inflation is thus contained.
Third, food prices are also a source of inflation.
Another source of inflation would come from a falling dollar, which would make imports more expensive while making exports cheaper.
By 1937, President Roosevelt and the Federal Reserve thought self-sustaining growth had been restored and began worrying about unwinding the fiscal and monetary stimulus, which they thought would become a drag on growth and a source of inflation.
Thus the main source of inflation in the June report the rise of gas already looks likely to be absent for July.
"Even if the PPI is benign, the market will give its typical ephemeral sigh of relief, but will then find another potential source of inflation to worry about," said Farr.
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Premiums Rising Sharply, Stoking Debate on Managed Care" (front page Jan . 11 omits some sources of inflation for health maintenance organizations.
As Charles Bean, deputy governor of the Bank of England, said last week, if external inflation is very strong, then the central bank will have little choice but to clamp down harder on domestic sources of inflation, even in a still weakly recovering economy like Britain.
The Bank expects house prices to be flat in two years' time, so a reduction in the contribution from housing costs will be offset by other sources of inflation.One worry is that higher rates will tip the housing market over the edge.
But these potential sources of inflation revenue have become attenuated in developed countries.
We should note also that such tools can be targeted at specific sources of inflation.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com