Vice Chair Kohn comment and today’s opening
Recent comment by Fed Vice Chair Donald Kohn: If longer-term inflation expectations were to become unmoored–whether because of a protracted period of elevated headline inflation
May 21, 2008
Recent comment by Fed Vice Chair Donald Kohn: If longer-term inflation expectations were to become unmoored–whether because of a protracted period of elevated headline inflation
My expectations for moderating inflation and limited spillover effects from commodity price increases depend critically on the continued stability of inflation expectations. The FOMC has
[Skip to the end] Germany leans towards tax cut by Bertrand Benoit (FT) Michael Glos said the government’s budget pledge “should not stand in isolation
[Skip to the end] There have been a lot of Fed speakers; so, I’ve selected a few comments on Yellen’s speech, as she has been
I’ve been thinking that when the Fed turns its attention to inflation it will find itself way behind that curve, which it is by any
“Inflation is a problem,” she said. Yet the problem isn’t excessive demand, rising wages, or a tight labor market, but “negative supply shocks.” Once the
Ed says: Warren, Isn’t it also true that the US export boom is less a result of the weaker dollar, so much as it is
My take on the USD: It was at a level based on foreigners wanting to accumulate $70 billion per month which also = the US
Inflation ripping: Oil up, grains and commodities up, and dollar down, as continued US demand at higher prices for energy transfers more $US to foreigners
ABC personal finance subcomponent Down but not out. Weakness, but probably no recession as per Bernanke’s latest address before Congress. Inflation ripping, as Fed staff