|
You are here |
www.atlantafed.org | ||
| | | | |
www.newyorkfed.org
|
|
| | | | | ||
| | | | |
www.moneyandbanking.com
|
|
| | | | | "Headline" inflation is making painful headlines again. In October, consumer prices rose by 6.2 percent from a year ago-the most rapid gain in at least three decades. Measures of trend inflation also are showing unsettling increases, with the trimmed mean CPI up by 4%. And there are reasons to believe that inflation will stay well above policymakers' 2% target for an extended period. In this post, we briefly summarize how we got here and argue that the Federal Reserve needs to change course now. In our v... | |
| | | | |
libertystreeteconomics.newyorkfed.org
|
|
| | | | | The debate about the natural rate of interest, or r*, sometimes overlooks the point that there is an entire term structure of r* measures, with short-run estimates capturing current economic conditions and long-run estimates capturing more secular factors. The whole term structure of r* matters for policy: shorter run measures are relevant for gauging how restrictive or expansionary current policy is, while longer run measures are relevant when assessing terminal rates. This two-post series covers the ev... | |
| | | | |
soberlook.com
|
|
| | | It was all going well when Draghi started speaking. Yes the ECB is "working" on a bond buying program. Until this comment came out: B... | ||