INFLATIONARY PSYCHOLOGY
State of mind which drives consumers to spend more quickly in the belief prices are increasing. It becomes a self-fulfilling prophecy because the velocity of money rises, which hypes inflation, when consumers spend more and save less. Inflationary psychology can negatively affect the economy. As a result, inflation spike may press a country’s central bank to increase interest rates, putting brakes on the economy. Some central banks are always vigilant about its development. The US Federal Reserve had successfully countered high inflation in 1970s and 1980s.
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BIF - Burundi Franc
Currency abbreviation for the Burundi franc, the official currency of the Republic of Burundi. Presented with the symbol FBu, it is comprised of 10 ...
Marketing Campaign
Activities and efforts of the company’s marketing arm or a third party marketing firm that is designed to promote a business, product, or ser ...
Capped Fund
Mutual fund limiting the amount of operating expenses, which can be charged to shareholders annually. Limit is the ratio of total operating costs d ...
Certified Insolvency and Reorganization Accountant - CIRA
Professional certification conferred to forensic accountants. To be given this designation, one must pass the three-part board exam and obtain expe ...
Uninsurable Risk
Uninsurable Risk is a hazard or condition with a high likelihood of loss or in which the insurance would be deemed to be against the law.
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SEE FOREX TUTORIAL
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An Introduction to Forex
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What is the Standard Moving Cost?
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ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 03:30 | CPI | Oct | |
| 03:30 | PPI | Oct | |
| 07:00 | Leading Indicators | Sep | |
| 09:00 | Trade Balance | Sep | |
| 11:30 | Sentix Investor Confidence | Nov | |
| 17:00 | Wholesale Inventories | Sep | |
| 01:30 | Westpac Consumer Sentiment | Nov | |
| 01:50 | Current Account | Sep | |
| 01:50 | Bank Lending | Oct |
