É evidente que a maioria dos bancos centrais quer contrair as suas políticas atualmente. Não surpreende, pois a inflação provou ser menos “transitória” do que se…
Browsing: unemployment rate
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“Transitory” has to retire just as it starts to work
We should’ve known something was up from the speeches made on Nov. 22nd when President Biden reappointed Fed Chair Powell and appointed Gov. Brainard as Vice…
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Dinner table inflation
We’ve heard a lot about inflation. Next Thursday is Thanksgiving Day in the US, the biggest national holiday, when much of the country gathers together and…
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Yet Another Column On Inflation
Inflation is the topic that just keeps on giving. It used to be that every Thursday I’d start panicking. “What should I write about this week?”…
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Maximum employment revisited
So… the Fed finally tapered! OK, now what do we talk about? Now we start speculating about “lift-off” – the time when they start raising interest…