In the three months to May core consumer prices, which exclude food and energy, rose at an annualised rateof 8.3%, the highest since Paul Volcker was waging war on inflation in the early 1980s.
Investors can no longer take low interest rates for granted
It has always been difficult for me to choose the tense and aspect after "since". Would there be a difference, if "waged" were used? Thank you.
Replies sorted oldest to newest
@Robby zhu posted:In the three months to May core consumer prices, which exclude food and energy, rose at an annualised rateof 8.3%, the highest since Paul Volcker was waging war on inflation in the early 1980s.
Investors can no longer take low interest rates for granted
It has always been difficult for me to choose the tense and aspect after "since". Would there be a difference, if "waged" were used? Thank you.
Hi, Robby zhu—Yes, there would be a difference. With "was waging," the sentence indicates that a similar increase occurred while Volcker's war on inflation was being fought. With "waged," the sentence would have indicated that a similar increase occurred at the outset of Volcker's war on inflation.
Thanks, David.
Can I also understand the way: There hasn't been a similar increase after the end of the inflation war？
Just like "I haven't seen him since he lived here" means approximately "I haven't seen him from the last second of his living (or from the time he left) here to now".
