Posts filed under “Inflation”

1933: Colombia Experts Oppose Gold Plan

Source:NYT

Category: Currency, Inflation, Really, really bad calls, Think Tank

Interview: Mark Gertler

Interview

Category: Federal Reserve, Inflation, Think Tank

How substituting chicken for beef affects inflation

  I have a few words about inflation and the cowardly Boskin Commission at Marketplace Radio last week:   Source: MarketPlace

Category: Digital Media, Inflation, Media

Seeds of U.S. Inflation Are Sprouting . . .

The Seeds of U.S. Inflation Have Sprouted and Could Be in Full Flower in 2016 Paul Kasriel September 8, 2014   I subscribe to the tenet espoused by the late Professor Milton Friedman that inflation is a monetary phenomenon. When I speak of inflation, I include not only the behavior of prices of goods and…Read More

Category: Economy, Federal Reserve, Inflation, Think Tank

1981: 20-year Treasury bonds at a 15.78% yield

Today in 1981: Uncle Sam issues new 20-year Treasury bonds at a 15.78% yield, an all-time record-high interest rate for any U.S. government issue. Analysts say they expect that yields will have to go higher “to attract stronger demand.” Yields promptly begin going down, and keep going down for the next twelve years. Source: Daniel…Read More

Category: Fixed Income/Interest Rates, Inflation

Discuss: High Food Prices

High Food Prices Lead to Trade-offs Even in Upper-Income Household; Stores Shrink Meat Packages, Push Inexpensive Cuts; Downgrade to Chicken at the Weekend Grill   Source: WSJ  

Category: Food and Drink, Inflation

Deflation Fears

Deflation Fear David R. Kotok August 26, 2014     A worldwide deflation fear is expanding and may actually be rampant. BCA Daily Insights (August 25, 2014) notes that, “out of 32 OEC countries, more than two-thirds have domestic inflation rates that fall short of 1%.” BCA analysts go on to argue that the worldwide…Read More

Category: Inflation, Think Tank

Forecasting National Inflation Rates

Forecasting National Inflation Rates ©Thinkstock/Drazen_ By Silvio Contessi, Economist A recent line of research has established that global factors significantly correlate with national inflation rate movements, so much in fact that they can help forecast national inflation rates.1 A forthcoming Federal Reserve Bank of St. Louis Review article2 follows this literature and estimates a one-factor…Read More

Category: Inflation, Think Tank

Wrong Way Plosser

Hawks Crying Wolf: Charles Plosser of the Philadephia Fed; if you’ve been following these things, you know that Plosser has been warning about imminent inflation since the beginning of the crisis. He did it in 2008; he did it in 2009; he did it in 2010; he did it in 2011; I’m getting tired here,…Read More

Category: Federal Reserve, Inflation, Really, really bad calls

Why Didn’t Inflation Collapse in the Great Recession?

Why Didn’t Inflation Collapse in the Great Recession? Marco Del Negro, Marc Giannoni, Raiden Hasegawa, and Frank Schorfheide Liberty Street Economics     GDP contracted 4 percent from 2008:Q2 to 2009:Q2, and the unemployment rate peaked at 10 percent in October 2010. Traditional backward-looking Phillips curve models of inflation, which relate inflation to measures of “slack” in activity…Read More

Category: Federal Reserve, Inflation, Think Tank