consumer prices
Guessing Games Grip Investors
October 10, 2023
Once upon a time, central bankers felt free to change policy at any time, and even after pre-scheduled meetings, some like the Federal Reserve disclosed policy decisions only after a very extensive time lapse. But as theories about price inflation have evolved, the role of expected inflation as a major determinant of future inflation has […] More
Inflation Round-Up
May 18, 2010
A little more than a year has passed since the severest months of the world recession. Commodity prices are higher now; gold and oil have climbed 31% and 22%, respectively. But demand-pull price pressures, which typically lag the business cycle, have receded in most economies. Euro area data exemplify this pattern. Whereas headline CPI inflation […] More
