Don’t worry (much) about non-tradable CPI
One of the biggest traps in Australian economics over the past decade has been worrying about non-tradable inflation. I fell
Tag: Inflation
US inflation: too low for Fed tightening
Following the Hilsenrath article on tapering, there has been a lot of talk about the possibility that the Fed’s next
Fed sharpens their easing bias
The May FOMC statement contained only a few tweaks. The main change was in the policy section, where the FOMC
Is money easy? (low CPI edition)
THe FOMC concludes a two-day meeting on 1 May (NY time). There is, however, little chance that the FOMC will
about that RBA easing bias …
As is well known, the RBA’s easing bias is conditional upon inflation. For a few months now, the RBA has
Vendor switching and the flattening Phillips Curve
A guest post on Econbrowser based on this paper, reports the latest results from price micro-data. It finds that CPI
