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Inflation is decreasing in the UK, easing to the fear that interest rates would rise due to rising prices.

A macroeconomic goal is on relieving low unemployment. When more people in a country have jobs, that country will grow and produce more economically. People will have more money to spend and use, making them able to buy things that will improve their standard of living.The inflation concern is that productivity is slowing at a time when wage growth is picking up. That's a recipe for faster increases in unit labor costs, which correlate with inflation outside of energy and food.

This article describes how, in the US, even though inflation had been rising during past year, its rate had been slowly decreasing, reaching a number of 2.1%.

This article is about the macroeconomic goal of maintaining stable price levels. Inflation is where there is so much money that it lessens in value. China is currently experiencing this. They are attempting to combat it and stabilize price levels by lessening the availability of credit. If less loans are available, then less money will be spent, and money will retain its value.

The dispute between British Airways' management and the Unite trade union, which is over working conditions and pay freezes, intensified over the weekend after the two sides disagreed about the effectiveness of the strike. This article is relevant to this week's topic because if the strike consists and the firm must agree to defrost its pay-freeze and increase real wage, that would result in a cost-push inflation caused by pressure from trade union.

As food prices rise in the world, more people become impoverished. Robert Zoellick, President of the World Bank, argues that inflation in food prices is the greatest threat to people living in poverty. Zoellick also criticizes export bans that lift costs for foreign consumers, as the bans put additional strain on local food prices in impoverished nations.

Tobias Levkovich, chief US equity strategist for Citigroup says that protectionism can cause inflation ,a drop-off in business activity, and that US has other options to counteract the unemployment against cheaper import goods.

The Fedeal Reserve Bank is planning for an extended period of low interests due to American high unemployment rate and increasing inflation rate. This is relevant to this week's topic because lowering interests rates would increase disposable income for more consumption, encouragte the investors to lend more money in prospect of high return rates, and ultimately increase the aggregate demand to nourish the unemployment in US.

Sudan is suffering an economic crisis, with a current account deficit and currency devaluation driving up inflation.

The Venezuelan government devaluates its currency for the second time this year in an attempt to meet importer's demand, tame inflation, minimize outflow of domestic currency, and maximize revenue from oil sale.