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econbrowser.com | ||
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www.frbsf.org
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| | | | | How much persistent versus transitory forces contribute to inflation influences the Federal Reserve's ability to achieve its goal of 2% average inflation over time. If elevated inflation is driven mainly by persistent shocks, then a stronger and longer-lasting policy response is likely to be needed to bring inflation back down. Recent data show that consecutive changes in monthly inflation rates have tended to move increasingly in the same direction. This pattern suggests that the contribution of persistent shocks to inflation has been rising since mid-2019. | |
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www.calculatedriskblog.com
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| | | | | A top ranked economics and finance blog with a focus on the housing market | |
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libertystreeteconomics.newyorkfed.org
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| | | | | 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... | |
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yougov.co.uk
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| | | 62% of mums say they find Christmas at least fairly stressful, compared to 44% of dads and 45% of women who do not have children | ||
