Uwaga: Tłumaczenia dodatkowych przykładów nie były weryfikowane przez naszych lektorów - mogą zawierać błędy.
The supply shocks have known to play a dominant role in the regard of monetary policy.
Today there is worry that the marvelous era of favorable supply shocks may have run its course.
A supply shock is an event that suddenly changes the price of a commodity or service.
Back in the bad old 1970's, temporary supply shocks tended to produce higher inflation automatically.
"Now, we have a situation that has been even more complicated because of a domestic supply shock."
Furthermore, price changes need not result from demand shifts; they can just as well follow supply shocks.
But it would be wrong to think - and act - as if this crisis is fundamentally a supply shock.
Rather, it is a supply shock on top of blatantly excessive demand.
It is the costs of such a recession that likely causes governments and central banks to allow a supply shock to result in inflation.
Before the crisis occurred, the world's economy experienced a positive global supply shock.