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Meanwhile, the oil price shock spread inflation throughout the economy, driving up the cost of car repairs.
High oil prices are a double-edged sword that can both put a damper on already weak growth and spread inflation, he said.
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The state threatens enterprise, invites damaging taxation, and is the root cause of spreading inflation.
The anger that has boiled up into student demonstrations and citywide rioting is a dangerous mix of economic concerns caused by spreading inflation, joblessness and bankruptcies, and of political outrage against President Suharto and his three decades of strongman rule.
As the economy slumps, shortages spread and inflation rises (in 2014 it was close to 70%), the government has taken to releasing data selectively, if at all.
He visualized the girl taking her immense profits and spreading the inflation by indulging in the most awful excesses.
Capital flight accelerated to $22 billion in 2011 as fears spread over soaring inflation.
Second, the implied inflation rate the spread between yields on the ten-year inflation bond and the ten-year Treasury–has, at times in the recent past, gotten very narrow.
The Cleveland Fed inflation estimates, based on financial market data including the interest rate spread between ordinary and inflation-protected Treasury bonds, show expected inflation of 1.4percentt per year over the next ten years.
A look at Sweden's experience with a price-level target in the 1930s suggests that it succeeded in raising inflationary expectations despite fears of deflation.The spread of inflation targeting has gone hand-in-hand with greater independence for central banks.
Like any good central bank the Fed fears a spread of inflation from energy price increases, as well as from big federal hurricane-recovery spending and larger deficits.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com