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The Berenberg economics team led by Holger Schmieding produced this striking chart, showing how interest-rate expectations ...
The money supply is useful as a policy target only if the relationship between money and nominal GDP, and therefore inflation, is stable and predictable ... quantity theory of money was a good one ...
Federal Reserve Chair Jerome Powell said Thursday that the economy may be entering a period of more volatile inflation and ...
In the 1960s, the Fed pursued a policy of seeking full employment via a low unemployment rate while allowing for high inflation, creating a negative correlation between the two in what’s defined ...
Federal Reserve Governor Michael Barr said the economy is on solid ground, but warned tariff-related supply-chain disruptions ...