FINANCE and investment advisory services group, Imara Holdings (Imara), says fresh concerns have arisen in the local market over potential US$ inflation at a time the ZWL$ has been stabilising.
In a recent note, Imara said inflation fears for global economies using greenbacks comes as the US has announced rapid money growth together with massive fiscal expansion to stimulate its economic recovery as the Covid-19 pandemic begins to slow down.
Broad money supply in the US rose by 26 percent in 2020 and expectations are that it will rise by at least 12 percent or more this year.
“Internationally, there is a growing school of thought that a rapid increase in money supply in the US will lead to much higher rates of inflation than analysts currently p
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