By
Taming inflation is a major challenge facing the post-pandemic world. After governments spent freely to offset the economic fallout of the Covid-19 pandemic, prices began to climb at the fastest pace in decades, and central banks embarked on the most aggressive and synchronized monetary policy tightening in 40 years. While inflation has eased since its peak, the fight continues.At the most basic level, inflation is an increase in overall prices in an economy over a period of time — monthly or annually, typically — and an accompanying decrease in purchasing power. One common way to measure it is by tracking the change in the cost of a basket of goods purchased by a typical household, including food, housing and basic services. Independent central banks consider it their most important mission to keep inflation in check. They set interest rates and use other policy tools …
See the entire article on inflation, or, read more Arizona real estate investing news. It’s your call!
