ECO

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Title: ECO

Essay Details:

Subject: Book Reports

Author: Leigh T

Date: May 28, 2013

Level: University

Grade: C

Length: 8 / 2121

Essay text:

In addition it could be used to judge whether to lock in a mortgage rate or wait a month or two for a better rate. To see how well the MIP has done in predicting inflation see the December 2005 MIP and others with a reality line added. CURRENT ANALYSIS The MIP for last month was projecting higher inflation again for this month and that was exactly what we got. The monthly inflation rate for November 1.97% while the Annual Inflation Rate in December came in at 2.54%. The MIP is projecting a long slide from here through mid-year with inflation rates possibly reaching new lows before rates begin rising again...

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