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1980 INFLATION RATES
In 1980, Social Security gave recipients a 14.3% raise. It came during an extraordinary period of Great US inflationIn 1980, Social Security recipients experienced an unprecedented 14.3% cost-of-living adjustment, a drastic response to soaring inflation t...- ‘In God we trust, all others pay cash’: Warren Buffett had the cash and still has itBerkshire Hathaway lost $11.5 billion. Buffett spent $14.5 billion. And then, he told his shareholders about the two worst decisions he had...
- ET Prime Special Series: Multibagger or IBC - Part 71: This small-cap auto supplier is trying to become a consumer brand againThe most interesting part of this old auto story is not nostalgia. It is how the company, after leaving the consumer vehicle market, has re...
- India needs to ease land acquisition process for industries to attract investments: NITI vice-chairmanNITI Aayog's Ashok Kumar Lahiri highlighted easing land acquisition for industrial investment. He stressed the need for increased domestic ...
- Gold and silver retreat from peaks: Here's what the price reset means for your portfolioGold and silver prices have significantly declined after reaching peaks earlier this year. This correction follows a period of strong gains...
- Trump shifts his tone on Jimmy Carter while grappling with Iran, inflation, his own legacyAs Donald Trump grapples with rising inflation and an escalating conflict with Iran, comparisons with former President Jimmy Carter have re...
- ET Prime Special Series: Multibagger or IBC - Part 66: This old auto ancillary giant is betting big on the next energy shiftFor 40 years, this was one of those businesses the market treated as safe – and slightly dull. It dominated its market, and it generated st...
- Fitch cuts FY27 growth projection to 6.4%; US-Iran war to slow down economyFitch Ratings has reduced India's GDP growth projection to 6.4 percent for the current fiscal year. The US-Iran war is expected to slow eco...
- Why is the US stock market rallying big today? Dow Jones, S&P 500 and Nasdaq surge on AI boom — Nvidia and Intel jump as Nasdaq significantly outperformed both the Dow and S&PUS Stock Market Rallies Monday as Tech Leads Rebound After Friday's Selloff: The Dow Jones Industrial Average climbed above 51,000. The S&P...
- Global Market: BOJ’s Ueda warns oil shocks can trigger lasting inflation if wages and expectations riseCentral banks must consider broader economic factors beyond isolated oil price movements, as temporary energy shocks can fuel persistent in...
- Fed-friendly feeds: Subtle economic influence of social mediaBetween January 2022 and August 2024, the Federal Reserve executed its most aggressive interest rate increases since the 1980s, raising rat...
- Fed must act 'strongly' to avoid repeat of 1980s inflation spike: Powell"We need to act now forthrightly, strongly as we have been doing and we need to keep at it until the job is done to avoid ... the kind of v...
- Fed seen delivering half-point rate hike in September as inflation easesAfter a U.S. Labor Department report Wednesday showed consumer prices didn't rise at all in July compared with June, traders of futures tie...
- Can gold continue to rise as inflation, war concerns linger?While gold and silver have a reputation as inflation hedges, this relation has historically not been straightforward. Instead of tracking i...
- Incumbent govts could suffer in upcoming state polls, thanks to inflationInflation hits incumbent parties because it depresses real wages, reduces the purchasing power of the masses, and raises interest rates to ...
- High inflation needn't be cost of growthConversely, there can be low growth rate and high inflation. In India, during 1990-94, annual GDP growth was just 4.7%, but inflation was s...
- Sensible voters must look beyond cheery and dreary economyAs the economy weakens and the campaign intensifies, we’ll hear more of James Carville's familiar refrain.
- New wor(l)d meaning: Upside of recessionIt’s increasingly clear that much of our standard economic vocabulary needs revising, supplementing or at least explaining.
- RBI, govt to keep inflation rate below 5%Both the Reserve Bank of India (RBI) and the government plan to maintain inflation below 5% in the medium term, according to RBI governor Y...
- Gold rises on signs of inflationThe Bank of England cited expectations of quickening inflation when it raised its benchmark interest rate to a five-year high of 5.25 per c...
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