Monthly Archives: March 2024
Bank of England will likely retire Fan chart, Andrew Bailey says
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Bank of England's Fan charts would probably be replaced by "alternative scenario" projections, which illustrate how policy might react under different economic developments.
UK inflation cools to 3.4% amid service inflation slowdown
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Core inflation also slowed to 4.5%, compared to a year earlier.
Canada inflation slows further to 2.8%; rent continues to rise
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Canada's CPI rose 2.78% in February, a further slowdown from the 2.86% increase in the January
Measuring Federal Reserve officials’ secret disagreement behind locked doors of FOMC meetings
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Dissent votes in Federal Reserve policy meetings are rare, accounting for only 6.37% of the votes between 1976 and 2017. However, opting not to vote against the FOMC consensus doesn't necessarily mean committee members don't "disagree" with it.
Canada unemployment rate rises to 5.8% as labor force continues to grow
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Statistic Canada on Friday reported that Canada's unemployment rate rose to 5.8%,, reaching the highest since the start of 2022.
Bank of Canada holds rate at 5%, cites persistent underlying inflation
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Bank of Canada held its overnight rate at 5% after its March monetary policy meeting, citing "risks to the outlook for inflation, particularly the persistence in underlying inflation."
Global Economy
Interviews
Global Inequality and Kuznets Waves | Q&A with Branko Milanovic |
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Welcome to the latest installment of our interview series “Where is the General Theory of the 21st Century?”“Where is the General Theory of the...
Fiscal Theory of Price Level and State of Macroeconomics | Q&A with John Cochrane...
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John Cochrane talks about Fiscal Theory of Price Level and how can we apply this theory on the current macroeconomy.
Understanding the Great Recession | Interviews with Larry Christiano |
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Larry Christiano, one of the most prominent researcher on DSGE model, explains what his research "Understanding the Great Recession" tell us about the Great Recession as well as labor participation rate's role in the developments of the Great Recession.
Why Yellen should have stayed as Fed Governor? | Interview with Conti-Brown
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Peter Conti-Brown, author of one of the best book about the institution of Fed, "The Power and Independence of the Federal Reserve", explains what Jay Powell's nomination means to the Fed independence and why Janet Yellen should have stay as governor after his Chair term ended.