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inflation
/ ɪnˈfleɪʃən /
noun
- the act of inflating or state of being inflated
- economics a progressive increase in the general level of prices brought about by an expansion in demand or the money supply ( demand-pull inflation ) or by autonomous increases in costs ( cost-push inflation ) Compare deflation
- informal.the rate of increase of prices
inflation
- A general increase in prices.
Other Words From
- anti-in·flation noun adjective
- nonin·flation noun
- over·in·flation noun
- rein·flation noun
- self-in·flation noun
Word History and Origins
Origin of inflation1
Example Sentences
But concerns remain that a shift in policies could affect inflation rates.
Economists have warned that such tariffs could drive up consumer prices as companies pass on higher costs, potentially worsening inflation and putting further interest rate cuts on hold.
The Peterson Institute for International Economics forecasts that, combined with steep tariffs and mass deportation, these measures could lead to lower national income, reduced employment and inflation rates between 6% and 9.3% by 2026.
In a move to boost the economy as inflation cools, the Federal Reserve on Nov. 7 cut its benchmark interest rate by 25 basis points as expected, following a September rate cut.
Inflation has already been a major concern for U.S. consumers, reaching a peak of 9.1% in June 2022 due to pandemic-related supply chain disruptions.
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