Phrases about 'Inflation'
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Although most Americans apparently loathe inflation, Yale economists have argued that a little inflation may be necessary to grease the wheels of the labor market and enable efficiency-enhancing changes in relative pay to occur without requiring nominal wage cuts by workers.
Author: Janet Yellen - American Public ServantWithout , Changes , Inflation , Economists
This unchecked spending is growing faster than our economy, faster than inflation, and far beyond our means to sustain it.
Author: Jim Nussle - American PoliticianFar , Economy , Beyond , Inflation
Domestic inflation reflects domestic monetary policy.
Author: Martin Feldstein - American EconomistInflation , Policy , Monetary Policy
Thirty years ago, many economists argued that inflation was a kind of minor inconvenience and that the cost of reducing inflation was too high a price to pay. No one would make those arguments today.
Author: Martin Feldstein - American EconomistToday , High , Price , Inflation
Near-zero policy rates that may be considerably expansionary in an economy with high inflation could be contractionary when inflation is too close to zero, or worse, deflation has set in.
Author: Athanasios Orphanides - EconomistHigh , Economy , Worse , Inflation
It's a challenge for monetary policy to communicate that our inflation objective is 2 percent.
Author: Charles L. Evans - American Public ServantChallenge , Percent , Inflation , Policy
If I were in charge of the government, I would index the minimum wage to inflation, so that way, everybody knows what they can count on.
Author: Fred DeLuca - American BusinessmanWay , Government , Inflation , Minimum Wage
Under Reagan's policies, inflation and nominal GNP growth shriveled much faster than predicted, throwing off government revenue estimates and resulting in budget deficits.
Author: Paul Craig Roberts - American EconomistGovernment , Growth , Budget , Inflation
Congress has not raised the minimum wage since 1997. The minimum wage is now at its lowest level in 50 years adjusted for inflation.
Author: Russ Carnahan - American PoliticianYears , Now , Congress , Inflation
Models used to describe and predict inflation commonly distinguish between changes in food and energy prices - which enter into total inflation - and movements in the prices of other goods and services - that is, core inflation.
Author: Janet Yellen - American Public ServantEnergy , Food , Changes , Inflation
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