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  2. 2021–2023 inflation surge - Wikipedia

    en.wikipedia.org/wiki/2021–2023_inflation_surge

    2021–2023 inflation surge. Following the COVID-19 pandemic in 2020, a worldwide surge in inflation began in mid-2021 and lasted until mid-2022. Many countries saw their highest inflation rates in decades. It has been attributed to various causes, including pandemic-related economic dislocation, supply chain disruptions, the fiscal and ...

  3. Latest inflation data could boost case for more big Fed rate cuts

    www.aol.com/news/fed-aligned-rate-cuts-upcoming...

    WASHINGTON (Reuters) -Slowing inflation in August buttressed arguments Federal Reserve officials used in defense of their decision to lower interest rates by half of a percentage point last week ...

  4. Economy of the Philippines - Wikipedia

    en.wikipedia.org/wiki/Economy_of_the_Philippines

    The economy of the Philippines is an emerging market, and considered as a newly industrialized country in the Asia-Pacific region. [31] In 2024, the Philippine economy is estimated to be at ₱26.55 trillion ($471.5 billion), making it the world's 32nd largest by nominal GDP and 13th largest in Asia according to the International Monetary Fund.

  5. Monetary policy of the Philippines - Wikipedia

    en.wikipedia.org/wiki/Monetary_policy_of_the...

    In the Philippines, monetary policy is the way the central bank, the Bangko Sentral ng Pilipinas, controls the supply and availability of money, the cost of money, and the rate of interest. With fiscal policy (government spending and taxes), monetary policy allows the government to influence the economy, control inflation, and stabilize currency.

  6. Yes, Inflation Is Going Down. But Here's Why Prices Aren’t

    www.aol.com/yes-inflation-going-down-heres...

    August 15, 2024 at 6:50 AM. The annual inflation rate has cooled, new data from the U.S. Bureau of Labor Statistics revealed on Wednesday. The July consumer-price index shows an annual inflation ...

  7. Why it may not be fair to say Fed made inflation 'mistake' - AOL

    www.aol.com/finance/why-may-not-fair-fed...

    But we can all agree that these calls grew loudest ahead of the Fed’s first rate hike in March 2022. The core PCE price index — the Fed’s preferred measure of inflation — was at a high of ...

  8. Tax Reform for Acceleration and Inclusion Law - Wikipedia

    en.wikipedia.org/wiki/Tax_Reform_for...

    The inflation rate in June—which exceeded both government and market expectations—was the fastest pace in at least five years. Year-to-date, inflation averaged 4.3 percent, above the BSP's 2–4 percent target range." [9] According to the PSA, headline inflation "peaked at 5.2 percent for the same month. For the previous months, inflation ...

  9. Fed’s Goolsbee: 'Let's not get too flipped out' over one ...

    www.aol.com/finance/fed-goolsbee-lets-not-too...

    What's more, Goolsbee added, the Fed is looking to measure inflation in three-, six-, or 12-month increments. "If you do that, it’s totally clear that inflation is coming down," he said.

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