Inflation Now, Inflation 76 Years Ago
In “Want to Understand 2024? Look at 1948“, the New York Times drew some fascinating…
Dr. Duru A Memorial to Inflation…The Song and the Singer
On December 13, 2023, I claimed that the Federal Reserve officially declared the death of…
The Federal Reserve Makes It Official: Inflation Is Dead
At the risk of making Inflation Watch a lot less relevant and topical, I am…
Despite the Inflation Celebrations, the Case Against Team Transitory Still Stands
The excitement over a slightly softer than “expected” October inflation print extended from financial markets…
Canada’s Version of Higher for Longer: Inflation Risks Have Increased
The Bank of Canada (BoC) has completed a 180-degree turn from its goldilocks outlook on…
Why the Excitement? A Q&A on Monetary Policy with Generative AI
I left last week’s Federal Reserve conference call with the impression that nothing had changed.…
A Stall in Canada’s Core Inflation Narrative
What a difference 5 months can make. Canada’s inflation trend has apparently transitioned from a…
What Powell Missed In His Jackson Hole Speech Explaining Inflation’s Drivers
Federal Reserve Chair Jerome Powell included a neat and tidy explanation of the drivers of…
Is the British Pound Topping Despite Lingering Strength in UK Core Inflation?
Expectations can define reactions to news in financial markets. Forecasts for June inflation in the…
Base Effects Add to the Bank of Canada’s Inflation Concerns
Last month, the Bank of Canada worried about inflation staying more persistent than expected and…