Economics
A Little More Inflation Would Be Good for Everyone
- Inflation in G-7 won't top 2% for first time since 1932
- U.S., Sweden, euro area, U.K., Japan, New Zealand miss goals
Should the Bank of England Follow the Fed?
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Monty Bennett hasn’t seen anything quite like today’s stubbornly low inflation in his long career as a hotelier.
Occupancy at the Ashford Group of Companies’ 143 properties is at all-time highs, yet Bennett still finds it difficult to raise room prices as aggressively as he expected at this stage in the U.S. economic expansion.