In testimony before the U.S. Congress yesterday, Fed Chair Ben Bernanke continued his policy of greater openness and transparency for Federal Reserve policy, trying to lay out clearly what the Fed is most worried about.
Category Archives: inflation
Import prices surge…
…but mostly due to increasing oil prices.
Are your inflation expectations well-anchored?
Fed Chair Ben Bernanke’s comments Tuesday about anchors for expected inflation left some analysts unsettled and others mystified. Bernanke was speaking to a group of academic researchers, and I believe his message was intended to provide some insights from practical policy-making to help improve the quality of academic research. So let me offer my interpretation of his message.
Inflation: Local or Global?
What does the empirical literature say about the sources of inflation movements in an era of globalization?
Econoblog on interest rates
I was pleased to participate in the latest
Wall Street Journal Econoblog
with Mark Zandi, Chief Economist and co-founder of Moody’s Economy.com. Here’s a brief preview of what you can
find over at the WSJ.
More on those rising interest rates
Rising rates look scary, but I still read it as good news.
Lessons from the yield curve
The dramatic upward move of long-term interest rates gives me an opportunity to look back on some of the predictions made on the basis of the inversion of the yield curve, and what might be in store next.
Musings on Inflation Worries
The selloff in the stock market last week was attributed by some to inflation worries — namely that persistent inflation means a reduction in the Fed Funds rate is less likely than the market had until recently believed.
The Last Throes of PoMo Macro?
Attaining Internal and External Equilibrium in China
China raises rates again. What will higher rates do?