Keep Updated With the News about the Economy

Due to inflation, the debt of a country starts rising at a high speed. Inflation acts as a barrier to the progress of any country. Just like a termite eats away the wood, inflation makes the economy of the country hollow. Hence, for the betterment, the government of every country takes remedial step for controlling the inflation. Economic Prism is a journal that highlights on important News About the Economy.

Understanding the facts of financial market is not possible for everyone. Many unpredictable situations affect the entire market. It is on the basis of these market conditions, the economy of a country is depicted. The prime rates are always awaited by those people who are curious to know about the economy. These are the rates that a financial company and the banks charge to their customers to whom they gave lend money. Economic Prism makes all those sources available through which these rates could be found out. The website economicprism.com is the best source through which financial market’s latest news can be derived. The prime rates are calculated by the staff members of the Wall Street Journal after observing the lending figures submitted by the leading banks. One should always keep himself updated about the economic condition of his country.

Inflation- The Biggest Economic Growth Killer

There has been a sharp rise in United States National debt owing to inflation. Inflation eats away the growth of the economy. Therefore, every Government takes steps to keep inflation under control. Journal of financial market is basically a research journal which highlights issues such as inflation, its impact on the stock market etc.

Financial markets are not very easy to understand. They are, as a matter of fact, most unpredictable and fast changing. The real state of the economy is depicted by financial markets in a country. People who have a keen interest in the economy always keep abreast of economic Wall Street Journal Prime Rate. This is rate which is charged by banks and other financial institutions when they give money to their best customers. This rate is actually the snapshot of prevailing interest rates in the economy. It is calculated by Wall street journal staff after going through lending figures provide by 30 leading banks. You can buy WSJ journal every day. It is a very good source of information about all latest news about the financial markets. It covers details about both international and national businesses. It is hugely vital to be aware of where the economic winds are blowing in the country.