Uncategorized – ricardian ambivalence

Fed set for -100bps — starting with -50 in July

The Fed spiked the market with dovishness this morning. Taking the market implied rate for the end-19 fed funds rate

Terry McCrann (again) spiked the markets on Wednesday with an explosive article that warned that the RBA could cut 50bps

Vice Fed Chair Clarida gave a very interesting speech entitled Sustaining Maximum Employment and Price Stability on 30 May. It

My argument for a May rate cut by the RBA basically boils down to the observation that inflation is very

The slow pace of inflation in Q1 makes a very strong case for a 25 bps reduction of the RBA’s

The decline of the unemployment rate to 4.9% in February caused the market to substantially reduce the implied probability of

The Sumner stuff on per-capita measures of nominal income growth made me wonder if it made more sense to think