Tag Archives: inflation

Economists Are (Still) Clueless

by John Mauldin, Thoughts from the Frontline Economists set themselves too easy, too useless a task if in tempestuous seasons they can only tell us that when the storm is past the ocean is flat again. – John Maynard Keynes, … Continue reading

Posted in Economic Indicators (USA), Economics, GDP, economic predictions, economic predictions, macroeconomics | Tagged , , , , , , , | Leave a comment

May 2013 CPI Movement Continues to be Moderate – 1.4% Year-over-Year Inflation

by Doug Short and Steven Hansen The May 2013 Consumer Price Index (CPI-U) year-over-year inflation rate rose moderately from 1.1% to 1.4% . Core inflation (CPI less food and energy) was unchanged at 1.7%. The dynamics were mixed but most … Continue reading

Posted in Prices - PPI, CPI and More, aa syndication | Tagged , , , , , , , , , , , , , | Leave a comment

Conserveratives Were Correct: We Have Record-breaking Inflation! What’s Next?

by Fabius Maximus, FabiusMaximus.com Summary: Today we look at inflation, past and present. It tells much about who to trust for economic analysis, the current state of the US economy, and what we can expect in the future. Contents Introduction … Continue reading

Posted in Economics, Federal Reserve, macroeconomics, money | Tagged , , , , , , | 1 Comment

The Urgent Need to Recapitalize Europe’s Banks

by Harald Benink and Harry Huizinga This piece is originally from Voxeu.org (June 05, ’13) Europe has been postponing the recapitalization of its banking sector. This column argues that it has been doing so for far too long. Without such … Continue reading

Posted in Banking News, Economics, macroeconomics, money and banking | Tagged , , , , , , , | Leave a comment

Bubbles and Jobs in One Chart

Here’s Proof Fed QE Is Great For Bubbles, For Jobs, Not So Much by Lee Adler, Wall Street Examiner The Fed’s QE has been great for bubbles. Since the Fed began publishing its open market operations daily starting in 2002, … Continue reading

Posted in Economics, Employment, Federal Reserve, stock markets | Tagged , , , , , , , , , , | Leave a comment

May 2013 Producer Price Index Increases Significantly

Written by Steven Hansen The Producer Price Index had a significant jump in inflation this month. The BLS reported that the Producer Price Index (PPI) finished goods prices year-over-year inflation rate rose from 0.6% in April to 1.7% in May … Continue reading

Posted in Prices - PPI, CPI and More, aa syndication | Tagged , , , , , , | Leave a comment

Terminal Velocity (10) – “Minds and Hands on the Joystick”

Written by Adam Whitehead, KeySignals.com From Terminal Velocity (3) – “The Pyramid Scheme”[i]: Reading between the lines, it is clear that the Fed intends to maintain a large balance sheet of assets for some time; even after interest rates have … Continue reading

Posted in Economics, Federal Reserve, macroeconomics, money | Tagged , , , , , , , , , , | Leave a comment

Initial Claims Stay On Trend, QE No Help, Sequester No Drag

by Lee Adler, Wall Street Examiner The latest weekly jobless claims data remain smack on trend. There’s no evidence that QE has caused any improvement and by the same token there’s no evidence that the fiscal cliff tax increase in … Continue reading

Posted in Employment, Federal Reserve | Tagged , , , , , , , , | Leave a comment

The Real Experiment That Is Being Carried Out In Japan

by Edward Hugh, Euro Watch Editor’s note: This was written nearly four weeks ago and posted at Edward.Hugh.Blog 24 May 2013 The future never resembles the past – as we well know. But, generally speaking, our imagination and our knowledge … Continue reading

Posted in Economics, Japan, macroeconomics, money and banking | Tagged , , , , , , , , | 1 Comment

Rethinking Macroeconomic Policy: Getting Granular

by Olivier Blanchard, Giovanni Dell’Ariccia and Paolo Mauro This article was first published at Voxeu.org 31 May 2013 The Global Crisis has shaken the consensus on how to run macroeconomic policy. Three years ago, the authors discussed this issue at … Continue reading

Posted in Economics, macroeconomics, money | Tagged , , , , , , , , , | 4 Comments

Terminal Velocity (11) – “Getting Real Interesting”

Written by Adam Whitehead, KeySignals.com In terminal Velocity “Minds and Hands”, the threat from the debt crisis becoming amplified by deflation was introduced into the narrative leading up to Jackson Hole. It was observed that: In relation to the “Inflation … Continue reading

Posted in Economics, Federal Reserve, aa syndication, macroeconomics, money | Tagged , , , , , , , , | Leave a comment

There’s A Problem with the Transmission

by Frances Coppola, CoppolaComment.Blogspot.Co.UK In my last post, I pointed out that QE does not work when the transmission mechanism for monetary policy is impaired because of a damaged and risk-averse financial sector. This caused some confusion among those who … Continue reading

Posted in Federal Reserve, money and banking | Tagged , , , , , , , , , , | Leave a comment

Corporate Profits: An Elusive and Problematic Tax Base

Written by Elliott Morss, Morss Global Finance Introduction There are frequent reports of corporations paying 10% tax rates (or less) on profits – legally. And it certainly pays for large corporations to employ teams of lawyers to find ways to … Continue reading

Posted in Business News and Analysis, Taxation | Tagged , , , , , , | 1 Comment

The Great Debate©: Helicopter Money As A Policy Option

by Lucrezia Reichlin, Adair Turner and Michael Woodford Voxeu.org published this article originally on May 20, 2013 Editor’s note:  This article summarises a CEPR-London Business School debate between Adair Turner and Michael Woodford on this policy option chaired by Lucrezia … Continue reading

Posted in Economics, Government, Great Debate©, macroeconomics, money and banking | Tagged , , , , , , , | 2 Comments

Return of the Housing Bubble?

by Dean Baker, Center for Economic Policy Research This article was originally published by Finance.Yahoo.com on May 29, 2013 Recent data showing house prices rising at their fastest rate since the collapse of the bubble have many people asking whether … Continue reading

Posted in Federal Reserve, Home Sales and Home Prices | Tagged , , , , , , , , | 2 Comments

Carry Trade and Emerging Market Crises in the IS/MY Model

by Dirk Ehnts, Econoblog101 I have been developing my own model (or better: sketch, framework?) recently, showing how the liquidity trap can be incorporated into it. I have drawn the connection between monetary aggregate and interest rate the traditional way. … Continue reading

Posted in Economics, GDP, Prices - PPI, CPI and More, macroeconomics | Tagged , , , , , | Leave a comment

BEA Revises 1st Quarter 2013 GDP

May 30, 2013 – BEA Revises 1st Quarter 2013 GDP Growth Down Slightly To 2.38% Annual Rate by Rick Davis, Consumer Metrics Institute In their second estimate of the US GDP for the first quarter of 2013, the Bureau of … Continue reading

Posted in GDP | Tagged , , , , , , , , , , , , , | Leave a comment

On Whose Research Is the Case for Austerity Mistakenly Based?

by Jeffrey Frankel, Jeff Frankel’s Weblog Several of my colleagues on the Harvard faculty have recently been casualties in the cross-fire between fiscal austerians and stimulators. Economists Carmen Reinhart and Ken Rogoff have received an unbelievable amount of press attention, … Continue reading

Posted in Economics, Eurozone, macroeconomics, money | Tagged , , , , , , , | 12 Comments

The Mother of All Painted-In Corners

by John Mauldin, Thoughts from the Frontline Alice laughed. She said, “There’s no use trying – one can’t believe impossible things.” The queen said, “I daresay you haven’t had much practice. When I was younger, I always did it for … Continue reading

Posted in China, Economics, Japan, macroeconomics, money | Tagged , , , , , , , , , , , , , , , , , | Leave a comment

Durable Goods Orders Still Decelerating Despite Fed Money Printing

by Lee Adler, Wall Street Examiner New orders for manufactured durable goods in April increased $7.2 billion or 3.3 percent to $222.6 billion, the U.S. Census Bureau announced today. This increase, up two of the last three months, followed a … Continue reading

Posted in Durable Goods, Federal Reserve | Tagged , , , , , , , , , , , , , , | Leave a comment