The chained consumer price index returns to pre-recession highs
Thanks to a CNBC article titled “US Cost of Living Hits Record, Passing Pre-Crisis High”…
2011
Dr. Duru Swiss National Bank increases near-term inflation forecast
The Swiss National Bank (SNB) announced its latest monetary policy today with the very provocative…
Dartmouth President justifies price hikes claiming education still worth twice the tuition
This week, Dartmouth’s President Jim Yong Kim defended recent tuition hikes in front of an…
U.S. edges closer to using its Strategic Petroleum Reserve
News services are reporting that the U.S. is edging closer to tapping its Strategic Petroleum…
Battling inflation is a top priority in 2011 for China
In “China says cannot lower guard against inflation“, Reuters reports that “China’s Premier Wen Jiabao…
Hansen argues the CPI should include food prices
Steve Hansen at “Global Economic Intersection” presents a compelling case arguing that food prices should…
Greenspan knows inflation?
Suddenly, former Federal Reserve chairman Alan Greenspan knows inflation. In fact, he now sees inflation…
Trichet – “risks to the outlook for price developments are on the upside”
Jean-Claude Trichet, President of the European Central Bank (ECB), sees inflation and appears ready to…
Dudley remains focused on the U.S. output gap
Gavyn Davies at the Financial Times writes a good review and critique of William Dudley’s…
Cooper Tire and Rubber races to keep up with rising material costs
Cooper Tire & Rubber Company (CTB) reported its fourth quarter 2010 results last week. CEO…