Econ Comments
Minyanville | Is Inflation High and Rising or Low and Falling?
A four-quadrant model of investing, analyzed.
Market Watch | Rep. Frank targets Fed hawks
Rep. Barney Frank, the top Democrat of the House Financial Services Committee, is taking aim at the hawks on the Federal Reserve.
Minyanville | Why the Dollar Won't Sink Treasuries
The largest belt of positive prospective returns occurs just south of where we are today; it involves a modest flattening of the yield curve and is indifferent to the dollar.
Reuters | Fed's Rosengren: Fed policy stance is right for now
U.S. inflation should recede once energy and food prices stabilize and does not mean the Federal Reserve should tighten monetary policy, a top Fed official said on Wednesday.
Blogs
WSJ: Real Time Economics | Fed’s Hoenig: Rates Should Start Rising
Federal Reserve Bank of Kansas City President Thomas Hoenig called Tuesday for the central bank to start raising interest rates, citing mounting fears about inflation and rising values for assets such as farmland.
AEI | Can We Rely on Inflation Expectations?
The point is that while expectations are useful for qualitatively purposes, they do not have a strong record of recording the extremes. Given that most of us expect some positive level of inflation, the real debate is over how much. In this regard, either survey or market-based expectations are likely to be both a lagging indicator and an under-estimate of actual inflation.
