Reference no: EM133104293

Inflation is a loss of "real value" of the currency within an economy. When the general price level rises, each unit of currency buys fewer goods and services. Inflation erodes the purchasing power per unit of money. U.S. inflation hit a three-decade high in 2021. Focus your search this week on articles that explain inflation or explore the regulatory and/or market response.

Directions

Post a link to a recent (within the last few days) business news story from one of the nine linked business publications above along with a short summary of what makes this story relevant. Post your initial news story before Wednesday evening at 11:59 pm Pacific Time. Afterthe Wednesday deadline, read through the other entries and reply directly to at least two classmates before Sunday evening at 11:59 pm Pacific Time. Focus on business news, reflecting on how your chosen article might impact a company's stock price or the level of economic activity in a certain region or country.

Format

When you create your initial post to the discussion, include the following three sections

Link:

The URL of the news item you have chosen

Summary:

A short recap of key business facts from the news item

Relevance:

A short statement of the significance of news item or the events it details from your perspective