News
The Economist | Learning to like inflation
Higher inflation could help to rebalance China’s economy.
Econ Comments
The Fiscal Times | Inflation Predictions: The U.S. is a Late Riser
Little wonder many people think inflation is getting worse. The cost of some of two of the things they buy most frequently with highly visible prices, food and gasoline is going up sharply.
Blogs
Barron's | Pricing Power in the Grocery Aisle
General Mills is in a better position than rivals to boost prices on items like Cheerios to offset skyrocketing ingredient costs.
ThinkMarkets | ThinkMarkets: Sand Castle Monetary Policy
From a short-run point of view there is no reason for Bernanke to care what is going on in other nations. He will be judged “by history” by what happens here in the US.
Calculated Risk | When will the Fed raise rates?
Short answer: it is very unlikely that the Fed will increase the Fed funds rate this year. There are a series of steps the Fed will most likely take before raising rates:
WSJ | A Full Frontal View of the World’s Uneven Monetary Policy
Financial markets saw China’s central bank tighten margin requirements for the second time in this still-young year to cool its overheating economy, amid hawkish talk from some central bankers in Europe. Meanwhile, Federal Reserve chief Ben Bernanke went to Paris to tell the world’s central banks not to blame the U.S. central bank if their economies are overheating.
CSM: The Daily Reckoning | Government spending will perpetuate fiscal insanity
The economy is in a slump, but the Fed is printing up money to fix the problems. And what we see are a lot of mixed signals.
