run-away inflation

A Reuters poll ranked Ndung’u as the worst performing African policymaker after the shilling plunged to its weakest ever level then while run-away inflation was in full swing.

Nawal Nasr, head of a public sector employees association, said workers were demanding a five-fold salary increase and help with soaring education and health costs, but that has prompted fears of run-away inflation.

This would be indicative of an economy that is continuing to expand without the possibility of run-away inflation.

New York Times columnist, award-winning economist and best-selling author Paul Krugman has spent much of the past four years strenuously arguing against conservatives who fear that any attempt by the Federal Reserve to boost employment will inevitably lead to run-away inflation.

Southern Europe would confront run-away inflation and slump.