Global inflation remains stubbornly low as asset prices buck the trend
Feb 28, 2020
2 minutes
By Simon Brown
in December inflation clocked in at 4.5% – right on the number that Reserve Bank governor Lesetja Kganyago keeps referring to. How does inflation work?
If prices increase, it is either because of increasing demand or decreasing supply. More money chases fewer products and pushes prices higher. Policy can fix this by increasing interest rates.
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