inflation
So the IMF has come late to the transitory inflation party. What was obvious months ago is now at the forefront of IMF forecasts. Better late than never I suppose. It is becoming clear that most indicators are still not…
"We can either electrify the status quo to reach zero emissions, or the energy transition can be used as an opportunity to rethink our cities and the transportation sector," says lead author of new report.
The post Transition to EVs Must Be Paired With Bold Investments in Mass Transit: Study appeared first on scheerpost.com.
Its been around 9 months since the central banks of the world (bar Japan) started to push up interest rates. This reflected a return to the dominant mainstream view that fiscal policy should aim to support monetary policy in its…
Today (January 25, 2023), the Australian Bureau of Statistics released the latest – Consumer Price Index, Australia – for the December-quarter 2022. It showed that the CPI rose 1.8 per cent in the quarter (down 0.1 point) and over the…
Janet Yellen's weird tricks to get out of debt.
I use World Bank data to test Nitzan and Bichler's 'stagflation thesis' --- the idea that inflation in the midst of economic stagnation is the norm.
The post Is Stagflation the Norm? appeared first on Economics from the Top Down.
Kristina Bluwstein, Sudipto Karmakar and David Aikman Introduction Inflation reached almost 9% in July 2022, its highest reading since the early 1990s. A large proportion of the working age population will never have experienced such price increases, or the prospect of higher interest rates to bring inflation back under control. In recent years, many commentators … Continue reading What does the rise in the inflation mean for financial stability?
It’s Wednesday and I am still not up to full blog speed after a week doing other things. But I am getting there. Today we consider the latest inflation data from Australia, some fun in the Guardian newspaper and some…