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www.frbsf.org | ||
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andolfatto.blogspot.com
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| | | | | I haven't had time to do much blogging lately. But I have been studying the recent burst of inflation and thinking of how to interpret what ... | |
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libertystreeteconomics.newyorkfed.org
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| | | | | Elevated inflation continues to be a top-of-mind preoccupation for households, businesses, and policymakers. Why has the post-pandemic inflation proved so persistent? In a Liberty Street Economics post early in 2022, we introduced a measure designed to dissect the buildup of the inflationary pressures that emerged in mid-2021 and to understand where the sources of its persistence are. This measure, that we labeled Multivariate Core Trend (MCT) inflation analyzes whether inflation is short-lived or persis... | |
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www.soberlook.com
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| | | | | Guest post by Norman Mogil When the Federal Reserve's Open Market Committee (FOMC) meets in the coming week, there will be pressure from... | |
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www.gao.gov
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| | | Increased federal spending in response to COVID-19, as well as rising interest rates, have added to our nation's financial woes. At $2.8 trillion, the FY 2021 budget deficit was the second largest in history-just short of the FY 2020 deficit of $3.1 trillion. These historically large deficits were due primarily to the economic disruptions caused by COVID-19-which decreased revenues in FY 2020-and the additional spending by the federal government in response to help the nation recover from the pandemic. | ||
