Inflation is a sustained increase in the general price level of goods and services in an economy over a period of time. When prices rise, purchasing power falls, which means that a unit of currency buys fewer goods and services. Inflation can have a profound impact on businesses, as it can affect the costs of production, pricing, profits, and competitiveness. One of the main … [Read more...] about Inflation has been a persistent issue for businesses across the globe
inflation
Rates Shock Puts The Global Economy On A Slower Path, Says Report
NEW YORK, June 29, 2022 - We have cut our 2022 growth forecasts for most large economies, outlined in a report we published today, "Global Economic Outlook Q3 2022: Rates Shock Puts The Economy On A Slower Path." China has had the biggest downward revision. The country's economy will likely expand 3.3% this year, a 0.9 percentage point drop from our growth assumption in May. … [Read more...] about Rates Shock Puts The Global Economy On A Slower Path, Says Report
Inflation, exchange rates and flexible work shaping employee mobility, according to Mercer Cost of Living ranking
New York City (7) remains the most expensive city in the United States, with Hong Kong SAR (1) taking the top spot globally Inflation, exchange rates, and the war in Ukraine has had a material impact on employees’ pay and savings Mercer’s annual Cost of Living Survey provides a reference point and helps shape multinational organizations’ approach to calculating … [Read more...] about Inflation, exchange rates and flexible work shaping employee mobility, according to Mercer Cost of Living ranking
“Inflation” is largely a jammed supply chain problem
Let me repear, "inflation" is largely a jammed supply chain problem, largely from capacity reduction in 2020. The CRB index is BELOW where it was in 2005!Add to it an asset price inflation from low interest rates driving a speculative demand for real estate linked goods. pic.twitter.com/odp8ou3fQP— Nassim Nicholas Taleb (@nntaleb) June 24, 2022 … [Read more...] about “Inflation” is largely a jammed supply chain problem