Tuesday 26 August 2014

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.

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