1. The rate of inflation in US was 0.20% in January 2019.
Source: US Inflation Calculator, 31/07/19, https://www.usinflationcalculator.com/monthly-us- inflation-rates-1913-present/ 2. The rate of inflation in US was 0.20% in February 2019. Source: US Inflation Calculator, 31/07/19, https://www.usinflationcalculator.com/monthly-us- inflation-rates-1913-present/ 3. The rate of inflation in US was 0.40% in March 2019. Source: US Inflation Calculator, 31/07/19, https://www.usinflationcalculator.com/monthly-us- inflation-rates-1913-present/ 4. The rate of inflation in US was 0.60% in April 2019. Source: US Inflation Calculator, 31/07/19, https://www.usinflationcalculator.com/monthly-us- inflation-rates-1913-pre: sent/ 5. The rate of inflation in US was 0.50% in May 2019. Source: US Inflation Calculator, 31/07/19, https://www.usinflationcalculator.com/monthly-us- inflation-rates-1913-present/ 6. The rate of inflation in US was 0.0% in June 2019. Source: US Inflation Calculator, 31/07/19, https://www.usinflationcalculator.com/monthly-us- inflation-rates-1913-present/ 7. The rate of inflation in US was 0.20% in July 2019. Source: US Inflation Calculator, 31/07/19, https://www.usinflationcalculator.com/monthly-us- inflation-rates-1913-present/ 8. Increase in inflation in US (July) was due to core price strengthening Source: WSJ, 13/08/19, https://www.wsj.com/articles/u-s-inflation-picks-up-in-july-as-core- prices-strengthen-11565699709 9. The US-China trade war may trigger a global recession if the two titans continue this monetary policy. Source: The Guardian, 23/08/19, https://www.theguardian.com/business/2019/aug/23/global- recession-immune-monetary-solution-negative-supply-shock 10. US federal reserve showed broad money supply rose to $14.9554 trillion from last week. Source: Xinhuanet, 23/08/19, http://www.xinhuanet.com/english/2019-08/23/c_138331752.htm 11. Federal Reserve of the US announces interest rate cut, angering the POTUS. Source: Forbes, 31/07/19, https://www.forbes.com/sites/lisettevoytko/2019/07/31/fed-announces- interest-rate-cut-first-since-2008/#3871a135237d 12. UK may need to cut down interest rates as Brexit nears. Source: Cityam, 21/08/19, https://www.cityam.com/the-only-way-is-down-for-uk-interest-rates- say-city-economists/ 13. UK cannot be expected to cut it’s interest rates even as countries across the globe do. Source: Sunday Times, 14/08/19, https://www.thetimes.co.uk/article/countries-are-cutting- interest-rates-but-don-t-expect-the-uk-to-follow-7mbk9mktw 14. The European Central Bank and the Swiss National Bank are widely expected to cut their negative interest rates even further later in the year. Source: Sunday Times, 14/08/19, https://www.thetimes.co.uk/article/countries-are-cutting- interest-rates-but-don-t-expect-the-uk-to-follow-7mbk9mktw 15. A Danish bank has launched the world’s first negative interest rate mortgage – handing out loans to homeowners where the charge is minus 0.5% a year Source: The Guradian, 13/08/19, https://www.theguardian.com/money/2019/aug/13/danish-bank- launches-worlds-first-negative-interest-rate-mortgage 16. Zimbabwe inflation rises to 230.41%. Source: IOL, 22/08/19, https://www.iol.co.za/news/africa/inflation-in-zimbabwe-rockets-to- 23041-percent-for-july-31096642 17. Zimbabwe’s month-on-month inflation rate had fallen to 21.04 percent in July compared to 32.96 percent the previous month as prices of basic goods increased at a slower pace. Source: IOL, 22/08/19, https://www.iol.co.za/news/africa/inflation-in-zimbabwe-rockets-to- 23041-percent-for-july-31096642 18. Zimbabwe’s inflation hit 175.66 percent in June, the highest rate since runaway money-printing and associated hyperinflation forced the country to abandon its currency in 2009. Source: IOL, 22/08/19, https://www.iol.co.za/news/africa/inflation-in-zimbabwe-rockets-to- 23041-percent-for-july-31096642 19. Hyperinflation in Venezuela skyrockets to 10 million % Source: CNBC, 03/08/19, https://www.cnbc.com/2019/08/02/venezuela-inflation-at-10-million- percent-its-time-for-shock-therapy.html 20. Even liquidity restrictions cannot prevent Venezuela’s inflation to reach mountainous heights. Source: Reuters, 08/08/19, https://www.reuters.com/article/us-venezuela-economy/venezuela- inflation-rate-ticks-up-despite-liquidity-restrictions-idUSKCN1UY25Y 21. Venezuela’s annual inflation in July was 264,872%, down from 445,482% in June and well below levels OF over 1 million percent earlier this year. Source: Reuters, 08/08/19, https://www.reuters.com/article/us-venezuela-economy/venezuela- inflation-rate-ticks-up-despite-liquidity-restrictions-idUSKCN1UY25Y 22. The rate of inflation in India was 2.92% in May 2019. Source: Trading Economics, 30/07/19, https://tradingeconomics.com/india/inflation-cpi 23. The rate of inflation in India was 3.05% in June 2019. Source: Trading Economics, 30/07/19, https://tradingeconomics.com/india/inflation-cpi 24. The rate of inflation in India was 3.18% in July 2019. Source: Trading Economics, 30/07/19, https://tradingeconomics.com/india/inflation-cpi 25. The rate of inflation in India was 3.15% in August 2019. Source: Trading Economics, 30/07/19, https://tradingeconomics.com/india/inflation-cpi 26. India’s inflation in July 18 was an 8 month high over food prices. Sources: Business Standards, 07/08/19, https://www.business-standard.com/article/economy- policy/india-s-inflation-rose-to-nine-month-high-in-july-over-food-prices-report- 119080700225_1.html 27. Monsoon rains in India may help decrease inflation as food production will increase. Sources: Business Standards, 07/08/19, https://www.business-standard.com/article/economy- policy/india-s-inflation-rose-to-nine-month-high-in-july-over-food-prices-report- 119080700225_1.html
28. India may cut rates two more times.
Sources: Business Standards, 07/08/19, https://www.business-standard.com/article/economy- policy/india-s-inflation-rose-to-nine-month-high-in-july-over-food-prices-report- 119080700225_1.html 29. The rate of inflation in China was 1.7% in January 2019. Source: Trading Economics, 30/07/19 30. The rate of inflation in China was 1.5% in February 2019. Source: Trading Economics, 30/07/19 31. The rate of inflation in China was 2.3% in March 2019. Source: Trading Economics, 30/07/19 32. The rate of inflation in China was 2.5% in April 2019. Source: Trading Economics, 30/07/19, 33. The rate of inflation in China was 2.5% in May 2019. Source: Trading Economics, 30/07/19 34. The rate of inflation in China was 2.5% in June 2019. Source: Trading Economics, 30/07/19 35. The rate of inflation in China was 2.7% in July 2019. Source: Trading Economics, 30/07/19 36. The rate of inflation in China was 2.8% in August 2019. Source: Trading Economics, 30/07/19 37. The rate of inflation in UK was 1.8% in January 2019. Source: Trading Economics, 30/07/19 https://www.rateinflation.com/inflation-rate/uk-inflation- rate 38. The rate of inflation in UK was 1.8% in February 2019. Source: Trading Economics, 30/07/19, https://www.rateinflation.com/inflation-rate/uk- inflation-rate 39. The rate of inflation in UK was 1.9% in March 2019. Source: Trading Economics, 30/07/19 https://www.rateinflation.com/inflation-rate/uk-inflation- rate 40. The rate of inflation in UK was 1.9% in April 2019. Source: Trading Economics, 30/07/19, https://www.rateinflation.com/inflation-rate/uk- inflation-rate 41. The rate of inflation in UK was 3.15% in May 2019. Source: Trading Economics, 30/07/19, https://www.rateinflation.com/inflation-rate/uk- inflation-rate 42. The rate of inflation in UK was 3.15% in June 2019. Source: Trading Economics, 30/07/19, https://www.rateinflation.com/inflation-rate/uk- inflation-rate 43. The rate of inflation in UK was 3.15% in July 2019. Source: Trading Economics, 30/07/19, https://www.rateinflation.com/inflation-rate/uk- inflation-rate
44. The rate of inflation in UK was 3.15% in August 2019.
Source: Trading Economics, 30/07/19, https://www.rateinflation.com/inflation-rate/uk- inflation-rate 45. UK inflation has risen more than forecasted. Sources: FXstreet, 14/08/19, https://www.fxstreet.com/analysis/uk-inflation-rises-more-than- forecast-201908140839 46. The Bangladesh rate of inflation in June was 5.58% Sources: Trading Economics, 30/07/19, https://tradingeconomics.com/bangladesh/inflation-cpi 47. The Bangladesh rate of inflation in July was 5.63% Sources: Trading Economics, 30/07/19, https://tradingeconomics.com/bangladesh/inflation-cpi 48. The Bangladesh rate of inflation in August was 5.52% Sources: Trading Economics, 30/07/19, https://tradingeconomics.com/bangladesh/inflation-cpi 49.