✅Imported inflation - It refers to the rise in the prices of goods and services in a country that is caused by an increase in the price or the cost of imports into the country.
✅It is simply a variant of cost-push inflation which states that a rise in the cost of inputs can lead to an inflation in the prices of final goods and services.
✅A rise in interest rates in the West tends to cause the currencies of developing countries to depreciate against western currencies, A rise in interest rates in the West tends to cause the currencies of developing countries to depreciate.
✅Imported inflation - It refers to the rise in the prices of goods and services in a country that is caused by an increase in the price or the cost of imports into the country.
✅It is simply a variant of cost-push inflation which states that a rise in the cost of inputs can lead to an inflation in the prices of final goods and services.
✅A rise in interest rates in the West tends to cause the currencies of developing countries to depreciate against western currencies, A rise in interest rates in the West tends to cause the currencies of developing countries to depreciate.
BY CSE EXAM ( UPSC prelims mains)
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The lead from Wall Street offers little clarity as the major averages opened lower on Friday and then bounced back and forth across the unchanged line, finally finishing mixed and little changed.The Dow added 33.18 points or 0.10 percent to finish at 34,798.00, while the NASDAQ eased 4.54 points or 0.03 percent to close at 15,047.70 and the S&P 500 rose 6.50 points or 0.15 percent to end at 4,455.48. For the week, the Dow rose 0.6 percent, the NASDAQ added 0.1 percent and the S&P gained 0.5 percent.The lackluster performance on Wall Street came on uncertainty about the outlook for the markets following recent volatility.
Pinterest (PINS) Stock Sinks As Market Gains
Pinterest (PINS) closed at $71.75 in the latest trading session, marking a -0.18% move from the prior day. This change lagged the S&P 500's daily gain of 0.1%. Meanwhile, the Dow gained 0.9%, and the Nasdaq, a tech-heavy index, lost 0.59%.
Heading into today, shares of the digital pinboard and shopping tool company had lost 17.41% over the past month, lagging the Computer and Technology sector's loss of 5.38% and the S&P 500's gain of 0.71% in that time.
Investors will be hoping for strength from PINS as it approaches its next earnings release. The company is expected to report EPS of $0.07, up 170% from the prior-year quarter. Our most recent consensus estimate is calling for quarterly revenue of $467.87 million, up 72.05% from the year-ago period.
