|
You are here |
observer.com | ||
| | | | |
www.calculatedriskblog.com
|
|
| | | | | A top ranked economics and finance blog with a focus on the housing market | |
| | | | |
www.brookings.edu
|
|
| | | | | The Federal Reserve likely will need to push unemployment far higher than its 4.1 percent projection if it is to succeed in bringing inflation down to its 2 percent target by the end of 2024 according to this BPEA report. | |
| | | | |
apnews.com
|
|
| | | | | Europeans are again seeing some relief as inflation dropped to 2.4% in November, the lowest in more than two years. | |
| | | | |
www.frbsf.org
|
|
| | | 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. | ||