Bullard recommends targeting monetary policy at headline, not core, inflation
The Federal Reserve Bank of St. Louis just published an article written by James Bullard,…
2011
Dr. Duru Changing the measure of inflation to generate more government revenue
I read a short article in Planet Money that reminded me why I tend not…
Bacon prices expected to soon hit $6/pound
Retail bacon prices were $4.77 per pound in May and are expected to hit $6…
July 4th BBQs are more expensive this year
CNBC reports on food inflation in the context of the typical BBQ. If your typical…
Copper Prices Rebound Strongly
The strong rally in the stock market has included a strong rebound in copper prices.…
Coca-Cola raising soft drink prices for a second time in 2011
Coca-Cola Company (KO) raised prices on soft drinks 2% earlier this year. Reports are coming…
Rare earth prices picking up again
The prices of certain rare earth elements (REEs) are soaring again. From Bloomberg (June 17)…
Cost of private school is up 79% over 10 years in New York City
The Wall Street Journal reports that for the first time ever a private school in…
Bank of England Governor King continues to bet on inflation taking care of itself
On June 15, Bank of England Governor Mervyn King spoke at the Lord Mayor’s Banquet…
Million-dollar homes appreciating in Silicon Valley
In “IPOs Boost Demand for Silicon Valley Mansions“, Bloomberg attributes the robust housing market in…