News
Bloomberg | Wholesale Prices in U.S. Fall More Than Forecast on Energy
Wholesale prices in the U.S. fell more than forecast in March as the cost of energy slumped by the most in three years.
Econ Comments & Analysis
Market Watch | Fed's Rosengren backs 'highly accommodative' view
Boston Fed President Eric Rosengren on Friday made the case for the central bank's current policy without hitting the brakes.
Real Clear Markets | Ideology Drives the Fed, And It Has Nothing To Do With Free Markets
The Japanese bond market has seen a plethora of fireworks ever since the Bank of Japan stopped announcing intentions and started doing balance sheet expansion. The extreme volatility in Japanese government bond prices indicates both the unprecedented nature of "liquidity" being unleashed and a tremendous amount of uncertainty as to just how it will eventually affect, well, everything.
Blogs
Economist | The mystery of stable prices
Why hasn't there been deflation? That has been one of the central mysteries of the Great Recession and its aftermath. In the 1930s soaring unemployment led to galloping deflation. In the early 1980s a 4.5 percentage point increase in the unemployment rate came alongside a drop in the core inflation rate from about 12% to under 3%.
