Last updated 1/29/21 Every once in a while, (and sometimes each day) I listen to a great podcast, enjoy an article, or see a good video that I want to share with you. I like to think of them as…
While the CBO’s (Congressional Budget Office) 2018-2028 report presents federal budget projections, the numbers also reflect the tradeoffs and some tough decisions.
Showing the connection between inflation and unemployment, the Phillips Curve has been re-interpreted, re-affirmed and condemned as a monetary policy tool.
With the timing of the first Fed rate hike still a mystery, we can use the FOMC (Federal Open Market Committee) dot plots to predict when rates will rise.
Including the unemployment, quits and participation rates, Janet Yellen’s labor market indicators will help her decide whether to raise interest rates.
Coping with hyperinflation, Zimbabwe finally had to replace their currency with the US. dollar. A low inflation rate should be their monetary policy goal.
Because the Congress established a dual mandate of high employment and price stability for the Federal Reserve’s monetary policy, they created a dilemma.
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