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# EconReporter

Independent Journalism Project covering Economics and Global Economy

## Posts

- [A Long Way Still Ahead for the US's Disinflation Journey](https://en.econreporter.com/58139/us-cpi-inflation-breadth-june2026/) - July 17, 2026 (EconReporter) — Inflation breadth can be an effective communication tool for central banks to explain the underlying inflation as it's a relatively easy-to-understand concept, compared to excluding certain components from "core" inflation calculations. Here, we use the June CPI data to explore whether the inflation breadth has closed as oil prices dropped.
- [Hong Kong dollar amid 'Asian Financial Crisis in reverse' — basic explainer](https://en.econreporter.com/57327/hkd-aggregate-balance-linked-exchange-rate-explainer/) - Hong Kong's Aggregate Balance measures interbank liquidity under the Linked Exchange Rate System. See how it works and how it moves HIBOR.
- [Trump appointees will get Fed board majority when Powell is gone - and it matters](https://en.econreporter.com/57367/trump-appointees-federalreserve-board-majority-powell-leaves/) - A Trump-appointed Fed board majority could give the White House leverage over regional Fed presidents — it hinges on Powell's board seat, not the chair.
- [Why the Fed's Standing Repo Facility Isn't for Daily Use: An Explainer](https://en.econreporter.com/57475/standing-repo-facility-is-liquidity-backstop-not-liquidity-provision/) - NY Fed's John Williams says the SRF is a liquidity backstop, not a liquidity provision tool like the BoE's or ECB's. See how other central bankers differ.
- [Standing Repo Facility — the Fed's soon-to-be most important tool?](https://en.econreporter.com/57372/standing-repo-facility-feds-post-qt-tool/) - The Standing Repo Facility (SRF), now Standing Repo Operations (SRP), grew from the 2019 repo crisis. See its origins and the demand-driven debate ahead.
- [Reserve Management Purchases: The return of 'non-QE' asset purchases](https://en.econreporter.com/57573/fed-reserve-management-purchases/) - Reserve Management Purchases (RMP) keep bank reserves "ample" — and they are not QE. See what RMP is, how it differs from QE, and why the Fed restarted it.
- [What is a New Keynesian DSGE Model?](https://en.econreporter.com/55154/explainer-dsge-models/) - What is a DSGE model? A quick explainer on New Keynesian DSGE models, drawing on insights from MIT economist and former IMF chief economist Olivier Blanchard.
- [Standing Repo Facility Watch - Is the Fed's ceiling tool working?](https://en.econreporter.com/57516/fed-standing-repo-facility-watch/) - The Standing Repo Facility (SRF), now Standing Repo Operations (SRP), is the Fed's overnight lending backstop. See usage data and what it means for repo rates.
- [How to make US inflation chart by pulling data from BLS API with Python](https://en.econreporter.com/57010/pull-us-inflation-data-from-bls-api-with-python/) - Not sure what a BLS series ID like CUUR0000SA0L1E means? Learn to look it up, then pull and chart US CPI inflation data with Python and the BLS API.
- [We Just Love to Hate Trimmed-mean Inflation—Canada's Cautionary Tale About Introducing New Core Measures](https://en.econreporter.com/58121/problems-of-trimmed-mean-inflation-canada-example/) - July 14, 2026 (EconReporter) — Trimmed-mean inflation measure and its sibling median inflation gauge have both gotten unprecedented attention in recent months, owing to new Fed chairman Warsh's endorsement. But if they are so good, why wait for some Task Forces to evaluate it? Actually Canada can provide some experiences.
- [The curious case of why UK and Canada CPI use grocery scanner data but the US can't](https://en.econreporter.com/58106/why-uk-canada-cpi-use-grocery-scanner-data-us-cant/) - June 24, 2026 (EconReporter) — A deep dive on why the US's—the world's most important economy—inflation statistics enhancement progress has surprisingly lagged compared to the UK and Canada?
- [Warsh Makes the Fed's Reaction Function Unpredictable Again](https://en.econreporter.com/58100/warsh-makes-the-feds-reaction-function-unpredictable-again/) - June 18, 2026 (EconReporter) — Kevin Warsh on Wednesday put his stamp on his first FOMC meeting by keeping his promise to cut back forward guidance from the Federal Reserve's communications. The post meeting statement has fewer words; the press conference is shorter; Warsh didn't submit his projections for the dot plot; and he refused to answer any question that required him to sound like he was offering forward guidance.
- [Warsh's first FOMC meeting—a hawkish path that makes Powell the (scape)GOAT](https://en.econreporter.com/58091/fomc-june-2026-preview-warsh-powell-goat/) - June 16, 2026 (EconReporter) — A Hawkish Path that Makes Powell the (scape)GOAT
- [Should the Fed and BoC look through the World Cup employment boost?](https://en.econreporter.com/58079/fed-boc-look-through-world-cup-employment-boost/) - June 8, 2026 (EconReporter) — The important question, however, is this: shouldn't the Fed and Bank of Canada look through such a one-off, short-term World Cup employment boost?
- [Taking One Last Beth Before the Fed Blackout Period](https://en.econreporter.com/58072/strong-jobs-report-fed-closer-to-hike/) - June 5, 2026 (EconReporter) — Beth Hammack, president of the Cleveland Fed, posted on LinkedIn hours after the jobs report that "today's jobs report reaffirms that the labor market appears to be roughly in balance" and that she "believe[s] persistently high inflation is the bigger concern." If recent inflationary trends continue, "it may soon be appropriate to act," she concluded.
- [Review of Ahamed's 1873—The first international financial crisis rhymes with 2026 ](https://en.econreporter.com/57980/1873-book-review-liaquat-ahamed/) - April 18, 2026 (EconReporter) — Rated: 4.5/5 Stars | Ahamed is unquestionably an excellent writer. In 1873, he managed to pack four decades of history about the Western financial system into 300 pages in an insightful and convincing manner.
- [Governor Powell's First Speech Doesn't Sound 'Quiet'](https://en.econreporter.com/58065/governor-powells-first-speech/) - June 1, 2026 (EconReporter) — Federal Reserve Governor Powell, who vowed to be a "low-profile" Fed governor in support of Chairman Warsh, made sure everyone still heard him in his first speech after handing over the chairmanship.
- ['Sh!' Powell to skip WAR during his spell in Warsh's Fed](https://en.econreporter.com/57988/powell-reject-shadow-fed-chair/) - May 3, 2026 (EconReporter) — Powell announced his intention to stay at the Fed board after his term as chairman ends on May 15. The amount of time he will remain at his governor position, which will only expire in Jan 2028, is still to be determined, as Powell said it will depend on whether the legal attacks by the Donald Trump administration are "well and truly over with finality and transparency."
- [Powell Hands Warsh a Dissent Surge, But Not Really a Divided Fed](https://en.econreporter.com/58031/warsh-fed-dissent-but-not-disagree/) - May 28, 2026 (EconReporter) — What if I tell you the Fed officials actually disagreed more at times during the zero-against vote period than in the last meeting? This is what the FOMC minutes-based Hidden Dissent Index indicates.
- [Central bankers are pushing back against the 'War? Sh!' strategy — why look-through may no longer be a good idea](https://en.econreporter.com/58014/waller-against-lookthrough-policy/) - May 26, 2026 (EconReporter) — Federal Reserve governor Chris Waller on Friday cast serious doubt on the textbook look-through strategy to handle the Iran War-induced inflationary pressure — or what we fashionably called the "War? Sh~" strategy. And he is not the only central banker who has expressed reservations.
- [Navarro gives Warsh the excuse to hike](https://en.econreporter.com/58008/navarro-gives-warsh-the-excuse-to-hike/) - May 25, 2026 (EconReporter) — Peter Navarro's Fox News op-ed this weekend is, on the surface, a warning about Powell's shadow power over Warsh's Fed. Read differently, it is a permission slip.
- [Trump to swear Warsh in as Fed chair on May 22](https://en.econreporter.com/58000/trump-to-swear-warsh-in-as-fed-chair-may-22/) - May 18, 2026 (EconReporter) — Kevin Warsh will officially take charge of the Federal Reserve on Friday as he will be sworn in as the next Fed chair at a White House ceremony hosted by President Donald Trump, Fox News's Edward Lawrence reported. Reuters then reported, citing unnamed White House officials, that Trump will not only host the ceremony but will
- [Warsh's Forward Guidance Paradox](https://en.econreporter.com/57995/warsh-forward-guidance-paradox/) - May 10, 2026 (EconReporter) — Let's get this straight: Warsh hates forward guidance. But if we look at the three dissent statements from the Reserve Bank Presidents who voted against the FOMC decision, we can see that forward guidance is not a thing that Fed officials will easily concede.
- [A User's Guide to Tariff Accrual Compensating Obligations](https://en.econreporter.com/57991/tariff-refund-as-debt-ceiling-solution/) - May 7, 2026 (EconReporter) — On the accidental invention of a new fiscal instrument, its structural advantages over existing debt ceiling workarounds, and the question of whether the next administration does this on purpose I. Introduction The trillion-dollar coin required a legal fiction. TACOs do not. On February 20, 2026, the Supreme Court struck down the IEEPA tariffs imposed by
- [Are you ready for Federal Reserve Chair Miran? A question on chair pro tem appointment](https://en.econreporter.com/57969/powell-as-fed-chair-pro-tem/) - April 14, 2026 (EconReporter) — Powell says he will be Chair Pro Tem as long as Warsh is not confirmed. Is it 100% going to happen?
- [Planet Money Book—a long-time listener, first-time reader's review](https://en.econreporter.com/57710/planet-money-book-review/) - February 18, 2026 (EconReporter) — Rated: 4/5 Stars | Planet Money Book is an excellent introduction to economics and finance and reminded me why it is good to have Planet Money in our life.
- [Why Does Credit Growth Crowd Out Real Economic Growth?](https://en.econreporter.com/55999/financial-sector-growth-and-real-growth/) - December 13, 2018 (EconReporter) — The faster the credit growth, the worse it is for real growth (output per worker). This is what Stephen G. Cecchetti and Enisse Kharroubi want to explain in their NBER working paper "Why Does Credit Growth Crowd Out Real Economic Growth?"
- [What comes after housing market bubble?](https://en.econreporter.com/56028/crashes-and-rebounds-in-housing-markets/) - January 7, 2019 (EconReporter) — An investigation into the probability of a crash in house prices following a housing bubble
- [The Non‐Bank Credit Cycle](https://en.econreporter.com/56035/the-non‐bank-credit-cycle/) - January 19, 2019 (EconReporter) — In a new working paper "The Non‐Bank Credit Cycle", researchers Esti Kemp, René van Stralen, Alexandros Vardoulakis, and Peter Wierts tried to look into the cyclical properties of non‐bank credit and its relevance for financial stability.
- [Nonbank Lending](https://en.econreporter.com/56043/nonbank-lending/) - January 21, 2019 (EconReporter) — In their recent working paper "Nonbank Lending", economists Sergey Chernenko, Isil Erel, and Robert Prilmeier provided an insightful overview of the sources and terms of private debt financing during the post-crisis period.
- [Japan exports (Dec 2018) recorded largest fall in two year](https://en.econreporter.com/56050/japan-exports-dec-2018-recorded-largest-fall-in-two-year/) - January 23, 2019 (EconReporter) — Japanese exports record a year-on-year drop of 3.8% in December 2018, the most substantial shrinkage since October 2016.
- [Bank Equity and Banking Crises](https://en.econreporter.com/56065/bank-equity-and-banking-crises/) - January 24, 2019 (EconReporter) — In a recent study "Bank Equity and Banking Crises" by Matthew Baron (of Cornell University), Emil Verner (MIT Sloan), and Wei Xiong (Princeton University), the three economists developed a comprehensive database of bank equity prices and banking crises with a full-sample of 46 countries from 1870-2016. They try to understand the dynamic between bank equity decline and banking crises.
- [IMF Growth Projections and Overfitting in Judgment-based Economic Forecasts](https://en.econreporter.com/56059/imf-growth-projections-and-overfitting-in-judgment-based-economic-forecasts/) - January 25, 2019 (EconReporter) — In a recent IMF working paper "Overfitting in Judgment-based Economic Forecasts: The Case of IMF Growth Projections", economist Klaus-Peter Hellwig examined IMF's World Economic Forecasts (WEO) and check if the forecast model suffer from the problem of overfitting.
- [Currency Zones through the last 50 years](https://en.econreporter.com/56073/currency-zone-through-last-50-years/) - January 26, 2019 (EconReporter) — The figure above is from a recent BIS working paper "A key currency view of global imbalances". It shows the currency geography as of four dates from the last days of Bretton Woods until now: 1968, 1985, 2001 and 2017.
- [Debt Growth Rate, not Level, Predicts Slowdown, says BoE's Broadbent](https://en.econreporter.com/56084/debt-growth-rate-not-level-predicts-slowdown/) - January 26, 2019 (EconReporter) — An important point Broadbent has illustrated is that a high absolute level of debt is not the most worrying sign of economic slowdown. It is the growth rate of debt that we should heed.
- [How many US Public Debts out there? Who own them?](https://en.econreporter.com/56101/how-many-us-public-debts-out-there-who-own-them/) - January 29, 2019 (EconReporter) — According to the data shown in the Congressional Budget Office‘s latest The Budget and Economic Outlook: From 2019 to 2029, there are $15.8 trillion US federal debt held by the public at the end of 2018.
- [How will the shutdown impact GDP growth?](https://en.econreporter.com/56107/how-will-the-shutdown-impact-gdp-growth/) - January 30, 2019 (EconReporter) — The effect is shown differently on nominal and real GDP
- [The Most Important Question Jay Powell Need to Answer - Where is the Saturated Level of Reserve?](https://en.econreporter.com/56114/the-most-important-question-jay-powell-need-to-answer-where-is-the-saturated-level-of-reserve/) - January 30, 2019 (EconReporter) — The most important question for the 30th Jan Fed meeting balance sheet policy, because it is also most underrated by the market.
- [The Rise of Non-Bank US Dollar Credit Continues](https://en.econreporter.com/56122/the-rise-of-non-bank-us-dollar-credit-continues/) - February 1, 2019 (EconReporter) — The latest BIS global liquidity indicators showed that the share of Non-bank USD denominated credit continued its rising trend.
- [Most of China's Foreign Currency Credit are in USD](https://en.econreporter.com/56128/most-of-chinas-foreign-currency-credit-are-in-usd/) - February 1, 2019 (EconReporter) — According to the data from BIS global liquidity indicators, as of September 2018, most foreign currency credits to China is still denominated with US dollar.
- [Derivatives's Credit Terms in Eurozone Tighten Further](https://en.econreporter.com/56133/derivativess-credit-terms-in-eurozone-tighten-further/) - February 1, 2019 (EconReporter) — The latest SESFOD shows that the credit terms offered to counterparties for both securities financing and OTC derivative transactions is further tightened.
- [OECD governments borrowing expected to hit record $11tn](https://en.econreporter.com/56141/oecd-governments-borrowing-expected-to-hit-record-11tn/) - February 9, 2019 (EconReporter) — Gross borrowing of OECD governments from the markets is set to surpass $11tn this year. This would be a new record, above the current record of $10.9 trillion set in 2010.
- [Germany's GDP Data might have been Distorted by Questionable Data](https://en.econreporter.com/56143/germanys-gdp-data-might-have-been-distorted-by-questionable-data/) - February 11, 2019 (EconReporter) — Germany's GDP data for 2018 might have been distorted by some questionable data provided by the pharmaceutical manufacturing industry.
- [Americans have not been this optimistic about their financial situation --- for the last 16 years](https://en.econreporter.com/56151/american-has-never-been-this-optimistic-financially-for-the-last-16-years/) - February 12, 2019 (EconReporter) — 69% of American is financially optimistic, reaching the highest level for the last 16 years.
- [FedSpeak Might Not Have Much Effects on Public's Inflation Expectation](https://en.econreporter.com/56165/fedspeak-might-not-have-much-effects-on-publics-inflation-expectation/) - February 14, 2019 (EconReporter) — In a recent NBER working paper "Monetary Policy Communications and their Effects on Household Inflation Expectations", economists Olivier Coibion, Yuriy Gorodnichenko and Michael Weber tried to find out how the household's expectation for inflation change with regard to the information they received.
- [Japan's Inflation Rate is still Far From BOJ's 2 Percent Target](https://en.econreporter.com/56184/japans-inflation-rate-is-still-far-from-bojs-2-percent-target/) - March 22, 2019 (EconReporter) — Japan's core inflation rate was on 0.7 percent in February, remaining distant from the Bank of Japan's 2 percent target.
- [Phillips Curve is Not a Straight Line...](https://en.econreporter.com/56172/phillips-curve-is-a-curve-not-a-straight-line/) - February 26, 2019 (EconReporter) — A story about three economists agree with the prevailing consensus that the Phillips Curve of the US is flattened in the last few decades on the one hand; and dispute the idea that the Phillips Curve is dead on the other.
- [Signs of Eurozone Recession is More Apparent](https://en.econreporter.com/56190/signs-of-eurozone-recession-is-more-apparent/) - March 22, 2019 (EconReporter) — The latest Purchasing Manager Index (PMI) for the two largest economies, Germany and France, is showing a clear sign of looming recession.
- [When will Hong Kong's Interest Rates Align With the US?](https://en.econreporter.com/56197/when-will-hong-kongs-interest-rates-align-with-the-us-hkmas-often-neglected-control-on-the-aggregate-balance/) - March 26, 2019 (EconReporter) — If you think the interest rate gap between Hong Kong and US is a market phenomenon, think again. HK Monetary Authority has a much bigger role than you think
- [Is there a Zero Lower Bound?](https://en.econreporter.com/56215/is-there-a-zero-lower-bound/) - June 20, 2019 (EconReporter) — In a recent research, four European Central Bank economists found that negative interest rate policy in the eurozone can encourage banks to increase lending and encourage cooperations to increase investments. That is, contrary to what macroeconomics models usually predict, interest rate policy can still has stimulative effect even the zero lower bound is reached.
- [The repo spike is not liquidity crisis; it is a crisis for Fed’s floor system](https://en.econreporter.com/56232/the-repo-spike-is-not-liquidity-crisis-it-is-a-crisis-for-feds-floor-system/) - September 21, 2019 (EconReporter) — The floor system needs a cap on top of it. The sooner the Fed realizes it, the better they will be prepared for the coming financial turmoil.
- [The problem with monetarist’s view of inflation](https://en.econreporter.com/56270/the-problem-with-monetarists-view-of-inflation/) - September 22, 2019 (EconReporter) — Long-run stability of the velocity, or the filpside of it, money demand, however, is not a empirically founded assumption.
- [Why the Fed announces "not-QE" Treasuries purchase program?](https://en.econreporter.com/56275/why-the-fed-announces-a-not-qe-treasuries-purchase-program/) - October 12, 2019 (EconReporter) — Federal Reserve announced yesterday that it will start purchasing Treasury bills from Oct 15 (Tuesday) until at least the second quarter of next year.
- [A Pitfall of Global Economic Policy Uncertainty Index](https://en.econreporter.com/56309/financial-markets-face-fresh-wave-of-political-uncertainty-generated-by-south-china-morning-post/) - October 24, 2019 (EconReporter) — In recent months, the Global Economic Policy Uncertainty index has risen to a level much higher than periods around the 911 Terrorist Attack or the 2008 Financial Crisis, hence the conclusion that the economic policy is unprecedently uncertain now. But here is why you might not have to worry.
- [Akerlof on Keynesian-neoclassical synthesis’s departure from Keynes](https://en.econreporter.com/56343/akerlof-on-keynesian-neoclassical-synthesiss-departure-from-keynes/) - November 3, 2019 (EconReporter) — George Akerlof explains how the Keynesian- neoclassical synthesis dominated the field, and what problems this dominance resulted.
- [How often companies in Eurozone change their prices?](https://en.econreporter.com/56350/how-firms-set-their-prices-in-eurozone/) - November 6, 2019 (EconReporter) — An ECB survey found that the retailers review and change their prices most often, while consumer and business service firms adjust their pricing the least often. Firms in the manufacturing sector, meanwhile, have a price adjustment frequency somewhere in between the above sectors
- [Macroprudential Policy - how does it differ from rate hikes?](https://en.econreporter.com/56363/macroprudential-policy-how-does-its-effect-different-from-rate-hikes/) - January 2, 2020 (EconReporter) — Macroprudential policies, it is argued, are more targeted and can complement central bank’s use of interest rate policy.
- [ECB on impact of Coronavirus](https://en.econreporter.com/56378/ecb-on-impact-of-coronavirus-march-2/) - March 3, 2020 (EconReporter) — Luis de Guindos, vice president of the European Central Bank, depicted the coronavirus as an additional " layer of uncertainty to global and euro area growth prospects," in his speech at the European Economics and Financial Centre on March 3.
- [How to use the Fed's FIMA Repo --- the case of Hong Kong](https://en.econreporter.com/56384/how-to-use-the-feds-fima-repo-case-of-hong-kong/) - April 29, 2020 (EconReporter) — Hong Kong Monetary Authority, the de facto central bank of Hong Kong, announced on April 22 that it will utilize the Fed's FIMA Repo facility to borrow USD 10 billion of cash.
- [US needs large-scale Covid testing urgently: Nobel winning economist Paul Romer](https://en.econreporter.com/56420/its-intellectual-failure-nobel-economics-winner-paul-romer-on-why-us-needs-large-scale-covid-testing-urgently/) - June 28, 2020 (EconReporter) — In an exclusive interview with EconReporter on Tuesday, Romer, co-recipient of the 2018 Nobel Prize in Economics Science, urged the US to adopt large-scale testing immediately to halt this most detrimental economic slump ever since the Great Depression in the 1930s.
- [Interview with Paul Romer on large scale Covid testing - Transcript](https://en.econreporter.com/56434/interview-with-paul-romer-on-large-scale-covid-testing-the-transcript/) - June 28, 2020 (EconReporter) — Edited transcript of our interview with Paul Romer, on why the US urgently to scale up testing for Covid-19 and why he thinks the covid-crisis amounts an intellectual failure
- [Sberbank's European subsidiaries placed under payment moratorium amid sanctions](https://en.econreporter.com/56470/sberbanks-european-subsidiaries-placed-under-payment-moratorium-amid-sanctions/) - February 28, 2022 (EconReporter) — EU’s Single Resolution Board has enforced payment moratorium on three European subsidiaries of Russian bank Sberbank, which is under US-led sanction, and is accessing whether any resolution action would be need to to protect public interest.
- [World Bank seeks to provide further USD 350 million loans to Ukraine](https://en.econreporter.com/56474/world-bank-seeks-to-provide-further-usd-350-million-loans-to-ukraine/) - March 2, 2022 (EconReporter) — The World Bank is aiming to fast track the process to provide Ukraine an additional USD 350 million loan in the next few days, or as soon as the end of this week, Reuters cited people familiar with the plans.
- [US bans energy imports from Russia](https://en.econreporter.com/56478/us-bans-energy-imports-from-russia/) - March 9, 2022 (EconReporter) — "Russian oil will no longer be acceptable at US ports," President Biden said.
- [Fed's swap lines help easing Covid-era global dollar shortage](https://en.econreporter.com/56481/how-central-bank-swap-line-ease-global-dollar-shortage/) - May 24, 2022 (EconReporter) — Countries with swap line arrangement with Federal Reserve, be it the standing ones or temporary, saw smaller increases in spread during the initial pandemic stress period.
- [The sizes of Sept rate hike to be decided on upcoming data, Fed officials say](https://en.econreporter.com/56490/the-sizes-of-sept-rate-hike-will-depends-on-coming-data-fed-officials-say/) - August 26, 2022 (EconReporter) — Ahead of Jay Powell's keynote speech in Jackson Hole on Friday, two Fed officials said more rate hikes are still warranted, but they said it's too early to decide on the size rate increase yet.
- [Market sees Bank of England to raise rate to 4% by May](https://en.econreporter.com/56494/market-sees-bank-of-england-to-raise-rate-to-4-by-may/) - August 26, 2022 (EconReporter) — The financial market expecting the UK policy interest rate UK will break 4% by May, more than double the current level of 1.75%. Financial Times reported.
- [Fed-preferred PCE price index accelerated in January](https://en.econreporter.com/56504/fed-preferred-pce-price-index-accelerated-in-january/) - February 25, 2023 (EconReporter) — Core PCE inflation rose 4.7% in January YoY, beating expectation of 4.4% increase. The Fed-preferred price index rose 0.6% MoM compared to the market expectation of 0.5%.
- [US inflation eases further in February as energy prices drop, PCE index shows](https://en.econreporter.com/56516/us-inflation-eases-further-in-february-as-energy-prices-drop-pce-index-shows/) - March 31, 2023 (EconReporter) — Inflation in the US showed further signs of easing as the yearly growth of core PCE price index slowed to 4.6% in February, while the headline number increased by 5%.
- [Resilient US job market continues easing trend](https://en.econreporter.com/56526/resilient-us-job-market-continues-easing-trend/) - April 8, 2023 (EconReporter) — Non-farm payroll booked an increase of 236,000 in March, a further deceleration from February's 326,000, which was revised upward from the preliminary figure of 311,000, according to the Bureau of Labor Statistics' establishment survey.
- [US CPI decelerates further in March to close 2 year low](https://en.econreporter.com/56540/us-cpi-decelerates-further-in-march-to-close-2-year-low/) - April 13, 2023 (EconReporter) — Consumer price index grew for March 5% over the past year, reaching the lowest level since May 2021. Nonetheless, Core CPI recorded a 5.6% increase, up from 5.5% in February.
- [UK inflation remains above 10% as food prices continues rapid rise](https://en.econreporter.com/56558/uk-inflation-remains-above-10-as-food-prices-continues-rapid-rise/) - April 20, 2023 (EconReporter) — The UK CPI rose 10.1% in the year to March, still remain in double digits even though analysts expected the annual rate to fall to 9.8%
- [US PCE inflation slows further in March with looming recession concern](https://en.econreporter.com/56573/us-pce-inflation-slows-further-in-march-with-looming-recession-concern/) - May 3, 2023 (EconReporter) — US PCE price index decelerated further in March with the year over year rate dropped to merely 4.2%, down from 5.1% in February.
- [UK CPI inflation eases to 8.7% but food inflation still close to 20%](https://en.econreporter.com/56589/uk-cpi-inflation-eases-to-8-7-but-food-inflation-still-close-to-20/) - May 25, 2023 (EconReporter) — The headline CPI figure slowed down to 8.7% in April, from 10.1% in March, while core inflation accelerated to 6.8%, from 6.2%
- [UK house prices continue to fall in May, Nationwide reports](https://en.econreporter.com/56606/uk-house-prices-continue-to-fall-in-may-nationwide-reports/) - June 1, 2023 (EconReporter) — UK average property prices were 3.4% lower compared to the previous year, accelerating the annual fall of 2.7% in April.
- [Eurozone inflation drops to 6.1% in May, lower than expected](https://en.econreporter.com/56614/eurozone-inflation-drops-to-6-1-in-may-lower-than-expected/) - June 2, 2023 (EconReporter) — Annual consumer prices in the Eurozone rose by 6.1% YoY in May, down from 7% in April.
- [US gains 339,000 jobs while unemployment rate rises to 3.7%](https://en.econreporter.com/56633/us-gains-339000-jobs-while-unemployment-rate-rises-to-3-7/) - June 3, 2023 (EconReporter) — Employers in the US added 339,000 jobs in May, but at the same time 440,000 more people reported they were unemployed
- [Why Fed projects to cut rates next year even it expects failure to reach inflation target for 2 more years?](https://en.econreporter.com/56644/why-fed-projects-to-cut-rates-next-year-even-it-expects-failure-to-reach-inflation-target-for-2-more-years/) - June 15, 2023 (EconReporter) — Inflation projections by Fed officials show that PCE inflation will not reach 2% by the end of 2025. Why the Fed expects to cut rate next year then?
- [BoE to run system-wide evaluation on financial system including non-banks](https://en.econreporter.com/56654/boe-to-run-system-wide-evaluation-on-financial-system-including-non-banks/) - June 20, 2023 (EconReporter) — Bank of England will conduct a system-wide exploratory scenario (SWES) exercise on the UK financial markets to see how well both banks and non-bank financial institutions can handle stress market conditions.
- [Economic benefit of asset market bubble](https://en.econreporter.com/56658/economic-benefit-of-asset-market-bubble/) - June 20, 2023 (EconReporter) — What the impact of asset price bubbles on US economic growth is.
- [Bank of England raises interest rate by 0.5%—notes on the Bank's decision](https://en.econreporter.com/56665/bank-of-england-raises-interest-rate-by-0-5-notes-on-the-banks-decision/) - June 23, 2023 (EconReporter) — Bank of England on Thursday decided to raise its benchmark interest rate by 0.5% to 5%, larger than the market expectation of a 0.25% increase. The decision followed Office of Nation Statistics' publication of a 8.7% CPI inflation reading for the year to May on Wednesday.
- [BoE thinks this leading indicator can tell us how high UK goods inflation will go](https://en.econreporter.com/56677/leading-indicator-for-uk-goods-inflation/) - June 30, 2023 (EconReporter) — One of the leading indicators Bank of England (BoE) uses to predict the future direction of goods inflation is the manufacturing producer price index (PPI) growth rate. The close relation, however, has broken down in the past year.
- [G20 finance officials to discuss debt, funding to low-income countries in India](https://en.econreporter.com/56690/india-to-host-g20-meeting-to-discuss-debt-funding-to-low-income-countries/) - July 14, 2023 (EconReporter) — G20's economic officials will gather in India next week to discuss ways to boost lending to developing countries from multilateral institutions and to reform the international debt system, Reuters cited unnamed Indian officials.
- [Bank of Canada holds rate at 5% after September meeting](https://en.econreporter.com/56695/bank-of-canada-holds-rate-at-5/) - September 6, 2023 (EconReporter) — Bank of Canada maintained its benchmark interest rate at 5% but warned about persistent underlying inflationary pressure.
- [Early signs of inflation expectation de-anchoring back in 2021](https://en.econreporter.com/56701/early-signs-of-inflation-expectation-de-anchoring-back-in-2021/) - October 6, 2023 (EconReporter) — Ricardo Reis, economics professor at the London School of Economics, explained that there were telling signs that the increase in cost of living started ealry-2021 was not a "transitory" phenomenon.
- [UK Economic Inactivity and Long-term Sickness](https://en.econreporter.com/56686/uk-economic-inactivity-and-long-term-sickness/) - November 22, 2023 (EconReporter) — Post-covid trend of the economic inactivity in the UK
- [US CPI inflation rebounds in Dec to 3.4%](https://en.econreporter.com/56792/us-cpi-inflation-rebounds-in-dec-to-3-4/) - January 11, 2024 (EconReporter) — Core CPI inflation continues to decelerate to 3.93%
- [Bank of Canada continues to hold rate at 5% as underlying inflation still shows persistence](https://en.econreporter.com/56826/bank-of-canada-continues-to-hold-rate-at-5-as-underlying-inflation-still-shows-persistence/) - January 24, 2024 (EconReporter) — Governor Macklem said the "Governing Council’s discussion of monetary policy is shifting from whether our policy rate is restrictive enough to restore price stability, to how long it needs to stay at the current level"
- [Fed to let Bank Term Funding Program expires on March 11](https://en.econreporter.com/56840/fed-to-end-bank-term-funding-program-btfp-on-march-11/) - January 24, 2024 (EconReporter) — The US central bank also made an adjustment of the program's terms, setting minimum interest rate level at the interest of reserve balance, effective immediately, to block an arbitrage opportunity that banks have been taking advantage of.
- [US payroll growth in Jan beats expectations](https://en.econreporter.com/56849/us-payroll-growth-in-jan-beats-expectations/) - February 2, 2024 (EconReporter) — US nonfarm payroll increased 353,000 and Unemployment rate as 3.7% in January
- [US Core CPI rises 3.9% in January](https://en.econreporter.com/56860/us-core-cpi-rises-3-9-in-january/) - February 13, 2024 (EconReporter) — Core CPI: 3.86% YoY (Dec: 3.93%) | 0.39% MoM (0.28%)
- [UK inflation holds at 4% in January](https://en.econreporter.com/56868/uk-inflation-holds-at-4-in-january/) - February 14, 2024 (EconReporter) — CPI: 4.0% YoY (Dec: 4.0%); Core CPI: 5.1% YoY (Dec: 5.1%)
- [UK retail sales rebounds 3.4% in Jan after dismal Christmas figures](https://en.econreporter.com/56874/uk-retail-sales-rebounds-3-4-in-jan-after-dismal-christmas-figures/) - February 16, 2024 (EconReporter) — UK retail volume rose 3.4% MoM in January, after it dropped by 3.3% in December
- [Canada inflation drops to 2.9% in January](https://en.econreporter.com/56882/canada-inflation-2-9-january/) - February 20, 2024 (EconReporter) — Canada's headline CPI rose 2.9% in January, hitting Bank of Canada's inflation-control target range of 1% - 3% for the first time since March 2021.
- [Is tipflation even part of inflation?](https://en.econreporter.com/56887/is-tipflation-part-of-cpi-inflation/) - February 28, 2024 (EconReporter) — Or, to frame the question in a more technical way: is tipflation even counted as part of Consumer Price Index (CPI) inflation?
- [Bank of Canada holds rate at 5%, cites persistent underlying inflation](https://en.econreporter.com/56917/bank-of-canada-march2024-interest-rate-5-2/) - March 6, 2024 (EconReporter) — 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."
- [Canada unemployment rate rises to 5.8% as labor force continues to grow](https://en.econreporter.com/56926/canada-unemployment-rises-to-5-8/) - March 11, 2024 (EconReporter) — Statistic Canada on Friday reported that Canada's unemployment rate rose to 5.8%,, reaching the highest since the start of 2022.
- [Measuring Federal Reserve officials' secret disagreement behind locked doors of FOMC meetings](https://en.econreporter.com/56935/federal-reserve-disagreement-in-fomc-meetings/) - March 18, 2024 (EconReporter) — 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 inflation slows further to 2.8%; rent continues to rise](https://en.econreporter.com/56951/canada-inflation-february-2-8/) - March 19, 2024 (EconReporter) — Canada's CPI rose 2.78% in February, a further slowdown from the 2.86% increase in the January
- [UK inflation cools to 3.4% amid service inflation slowdown](https://en.econreporter.com/56963/uk-inflation-cools-to-3-4-amid-service-inflation-slowdown/) - March 20, 2024 (EconReporter) — Core inflation also slowed to 4.5%, compared to a year earlier.
- [Bank of England will likely retire Fan chart, Andrew Bailey says](https://en.econreporter.com/56972/bank-of-england-to-retire-fan-chart-bailey/) - March 22, 2024 (EconReporter) — Bank of England's Fan charts would probably be replaced by "alternative scenario" projections, which illustrate how policy might react under different economic developments.
- [US labor market cools down further with job openings, hires, quits all drop in March](https://en.econreporter.com/56984/us-jolt-job-openings-falls-march-2024/) - May 1, 2024 (EconReporter) — The March US job opening and labor turnover (JOLT) report shows that job opening rate, hire rate and quit rate all dropped marginally in March, showing further cool down in the US labor market.
- [US April Jobs Report - Unemployment rate rises back to 3.9% as Nonfarm Payroll increase lower than expected](https://en.econreporter.com/56995/us-jobs-report-april-2024/) - May 3, 2024 (EconReporter) — Nonfarm payroll increased 175,000 in April, a significant reduction from 315,000 in March and fell short of the market expectation of 243,000. Meanwhile, US unemployment rebounded to 3.9%
- [US core CPI rises 3.6% as expected](https://en.econreporter.com/57004/us-core-cpi-rises-3-6-as-expected/) - May 15, 2024 (EconReporter) — US CPI rose 3.35% in the year to April, as expected by analysts. Meanwhile, core CPI, which strips out prices of food and energy, increased 3.61%, also as market expected.
- [US PCE inflation holds at 2.7% in April as market expected](https://en.econreporter.com/57022/us-pce-inflation-april2024-2-7/) - May 31, 2024 (EconReporter) — US PCE inflation held at 2.7% YoY in April 2024 while core inflation maintained its pace at 2.8% for the third months,
- [Bank of Canada cuts rate by 0.25 ppts to 4.75%](https://en.econreporter.com/57034/bank-of-canada-cuts-rate-to-4-75/) - June 5, 2024 (EconReporter) — The Bank of Canada lowered its target for overnight rate by 0.25 ppts to 4.75%, making it one of the advanced economy central banks to cut rates before Federal Reserve does.
- [US gains 272,000 jobs in May, blows past expectations](https://en.econreporter.com/57044/us-gains-272000-jobs-may2024/) - June 7, 2024 (EconReporter) — US gained 272,000 nonfarm employment in May blew past market expectations of an 185,000 increase. Meanwhile, unemployment rate rose to 4%, which is the highest level since November 2021.
- [US CPI shows zero inflation in May](https://en.econreporter.com/57055/us-cpi-zero-inflation-may2024/) - June 12, 2024 (EconReporter) — US CPI grew 0% in May as the yearly growth rate dropped to 3.27%; core inflation, which stripped out food and energy prices, rose 0.2% and the yearly rate decreased to 3.42%
- [BoE holds rate at 5.25% with 'some' officials signal eagerness to cut](https://en.econreporter.com/57061/boe-holds-rate-at-5-25-with-some-officials-signal-eagerness-to-cut/) - June 21, 2024 (EconReporter) — Bank of England held its policy interest rate at 5.25% with a 7-2 vote amongst officials at its Monetary Policy Committee.
- [Canada inflation rebounds to 2.9% in May](https://en.econreporter.com/57066/canada-inflation-2-9-may2024/) - June 25, 2024 (EconReporter) — CPI inflation in Canada rebounded to 2.9% YoY and 0.31% MoM in May 2024
- [US large banks pass Fed's stress test with credit card, commercial loans projected to generate more losses](https://en.econreporter.com/57076/us-large-banks-pass-fed-stress-test/) - June 26, 2024 (EconReporter) — The Federal Reserve revealed US large banks passed the 2024 banking system stress test.
- [US PCE price index shows zero monthly inflation in May](https://en.econreporter.com/57100/us-pce-price-inflation-may2024-zero/) - June 28, 2024 (EconReporter) — US PCE price index showed 0% monthly inflation in May, bolstering market narrative that consumption sentiment has weakened in Q2 and helped easing inflationary pressure in the US economy.
- [US Job openings increases to 8.1 million in May, JOLT report shows](https://en.econreporter.com/57105/us-job-openings-8million-may2024-joltreport/) - July 2, 2024 (EconReporter) — Job openings increased to 8.14 million in May while the number of hirings in the month was 5.78 million
- [US nonfarm payroll beats expectations in June amid signs of cooling off](https://en.econreporter.com/57113/us-nonfarm-payroll-206000-june2024/) - July 5, 2024 (EconReporter) — US nonfarm payroll increased by 206,000 in June, beating market expectation of 190,000, amid signs that job growth in cooling off as the the Bureau of Labor Statistics revised down the May and April by a combined 111,000 in its report released Friday.
- [Canada inflation drops back to 2.7% in June](https://en.econreporter.com/57123/canada-inflation-june2024-2-7/) - July 16, 2024 (EconReporter) — Annual inflation rate in Canada eased back to less than 2.7% in June after a upshot in the previous month, according to Statistics Canada's CPI report.
- [UK retail sales drops 1.2% in June due to poor weather, election uncertainty](https://en.econreporter.com/57135/uk-retail-sales-drops-1-2-june2024/) - July 19, 2024 (EconReporter) — Monthly growth rate of UK retail sales volume fell 1.2% in June, after a 2.9% increase in the previous month.
- [US GDP grows at 2.8% in Q2 as consumer spending remains strong](https://en.econreporter.com/57144/us-gdp-grows-at-2-8-q2/) - July 25, 2024 (EconReporter) — US GDP grew at a 2.8% annualized rate in Q2, supported by acceleration in consumer spending, increase in nonresidential fixed investment as well as an upturn in private inventory investment
- [US PCE inflation drops to 2.5% as disinflationary trend continues](https://en.econreporter.com/57151/us-pce-inflation-drops-to-2-5-june2024/) - July 26, 2024 (EconReporter) — Inflation in the US cooled off further to 2.5% over the year to the end of June, according to the latest reading of US Bureau of Economic Analysis's PCE price index.
- [Bank of Canada July meeting minutes reveal growing concerns on slowing labor market, consumption](https://en.econreporter.com/57170/bank-of-canada-july2024-meeting-minutes/) - August 7, 2024 (EconReporter) — Bank of Canada officials were increasingly concerned about potential risk of consumption slowdown amid growing slack in the labor market and excess supply in the economy when they cut interest rate during July 24 meeting, according to the central bank's summary of deliberations.
- [US initial jobless claims falls to 233,000, lower than expected](https://en.econreporter.com/57158/us-initial-jobless-claims-aug-8-2024-233000/) - August 8, 2024 (EconReporter) — The number of people filed their initial claim for unemployment insurance benefits in the US fell to 233,000 in the week ending August 3.
- [Bank of Canada names ex-central bankers, University of Calgary professor as external experts for Covid era policy review](https://en.econreporter.com/57165/bank-of-canada-names-3-external-experts-for-covid-era-policy-review/) - August 8, 2024 (EconReporter) — Ex-Bank of Spain Governor Pablo Hernández de Cos, ex-BoE official Kristin Forbes and Trevor Tombe, professor at the University of Calgary, will for an external expert team to conduct independent assessment on Bank of Canada's review on Covid-era exceptional actions
- [Fed's Bowman still sees 'upside risks' to US inflation](https://en.econreporter.com/57177/fed-bowman-sees-upside-risks-to-us-inflation/) - August 11, 2024 (EconReporter) — Federal Reserve governor Michelle Bowman is worried about reacceleration in cost of living, saying that she 'still see some upside risks to inflation'
- [UK sees both unemployment rate, wage growth drop in June](https://en.econreporter.com/57180/uk-unemployment-rate-4-2-june2024/) - August 13, 2024 (EconReporter) — Unemployment rate in the UK decreased to 4.2% at the three months to June, against a market expectation of rising from the May reading of 4.4% to 4.5%, the Office for National Statistics reported Tuesday.
- [US CPI down to 2.9% in July as disinflation continues](https://en.econreporter.com/57189/us-cpi-july2024-2-9/) - August 14, 2024 (EconReporter) — US headline CPI down to 2.9% in July, lowest since March 2021
- [Fed's Daly, Kashkari support rate cut talks in September meeting](https://en.econreporter.com/57197/feds-daly-kashkari-support-rate-cut-talks-in-september2024/) - August 19, 2024 (EconReporter) — San Francisco Fed President Mary Daly and Minneapolis Fed President Neel Kashkari are both open to discussions about cutting Fed Fund Rate target at the up coming Federal Reserve meeting
- [Canada inflation slows further to 2.5% in July](https://en.econreporter.com/57203/canada-inflation-slows-to-2-5-july2024/) - August 20, 2024 (EconReporter) — Inflation in Canada decreased to 2.53% at an annual basis in July according to Statistics Canada's latest report
- [Canadian's average carried over credit card balances highest in 14 years, Equifax reports](https://en.econreporter.com/57209/canada-average-carried-over-credit-card-balances-highest-14-years-q22024/) - August 27, 2024 (EconReporter) — The average carried over credit card balances for Canadian consumers topped CAD 4,300 in Q2, reaching the highest level since 2007, Equifax Canada said in its latest Market Pulse Consumer Credit Trends and Insights Report.
- [ECB cuts rate to 3.5% as it scales down growth forecast](https://en.econreporter.com/57213/ecb-cut-25bps-sept2024/) - September 12, 2024 (EconReporter) — The European Central Bank reduced the deposit facility rate, its policy interest rate anchor, by a quarter of a percentage point to 3.5%, as the central bank slightly lowered its economic growth forecast.
- [Why Canada's unemployment rate is rising so rapidly?](https://en.econreporter.com/57218/canada-unemployment-rising-immigrants/) - September 14, 2024 (EconReporter) — Canada's labor market has cooled down rapidly this year. Unemployment rate rose to 6.6% in August. The major issue is that the not enough job are created to digest the explosive population growth over the last few years and this integration problem is growing larger every month.
- [US Retail sales up just 0.1%, still beats expectations](https://en.econreporter.com/57227/us-retail-sales-aug2024-0-1/) - September 17, 2024 (EconReporter) — Retail sales in the US increased just 0.05% on a monthly basis in August, down from the outsized 1.15% growth in July but still beats market expectation of -0.2%
- [Fed projects plan for front-loaded monetary easing, kicks off with 50 bps cut](https://en.econreporter.com/57232/fed-50-bps-cut-sept2024/) - September 18, 2024 (EconReporter) — The Federal Reserve lowered its fed fund rate target by 50 basis points to the range of 4.75 - 5%, with governor Michelle Bowman dissented the decision in favor of a smaller a quarter percentage point cut.
- [Federal Reserve has never been this 'confused' about neutral rate](https://en.econreporter.com/57237/federalreserve-neutral-rate-confusion-dot-plot/) - September 19, 2024 (EconReporter) — Federal Reserve decided to cut rate by an supersized 0.5 percentage point. The decision finally ended the weeks-long market debate of whether the central bank would cut 25 or 50 basis points. One important thing, though, didn't reach the headline: The Fed has never been this "confused" about where the natural rate should be.
- [Bank of Canada not sure about exact level of neutral rate, Macklem says](https://en.econreporter.com/57245/bank-of-canada-not-sure-neutral-rate-tiff-macklem/) - October 29, 2024 (EconReporter) — Bank of Canada isn't entirely sure what the country's natural rate of interest is and the central bank will have to discover it over time, said Governor Tiff Macklem.
- [Eurozone economy shows resilience with 0.4% GDP increase in Q3](https://en.econreporter.com/57247/eurozone-gdp-2024q3-0-4/) - October 30, 2024 (EconReporter) — Eurozone GDP quarterly growth rate sped up to 0.4% in Q3, an upside surprise compared to an expectation of 0.2% increase, countering widespread worries that the currency bloc is sliding into economic stagnation.
- [US consumers continues to drive strong GDP growth](https://en.econreporter.com/57253/us-gdp-2024q3-2-8/) - October 30, 2024 (EconReporter) — US GDP increased by more than 2.8% at an annualized rate in Q3, supported by continued acceleration the growth of personal consumption expenditures.
- [Some Bank of Canada officials worried half point cut might signal economic trouble](https://en.econreporter.com/57262/bank-of-canada-some-officials-worried-50bps-cut-signs-trouble/) - November 5, 2024 (EconReporter) — Some Bank of Canada officials expressed worries during the last policy meeting that an "unusual" 50-basis-point might be "interpreted as a sign of economic trouble" and led to expectations of further outsized cuts, the meeting deliberations summary shows.
- [Dallas Fed's Logan cites neutral rate uncertainty as reason to 'proceed cautiously' on rate cut](https://en.econreporter.com/57269/dallas-fed-logan-neutral-rate-uncertainty-cautious-rate-cut/) - November 13, 2024 (EconReporter) — Lorie Logan, president of Dallas Fed, expressed worry about uncertainty surrounding the exact level of neutral rate of interest and hinted at the risk that the Federal Reserve's policy rate might already near the point which further rate may starts to fuel inflation again
- [Why FOMC mulling to cut ON RRP rate by 5 bps?](https://en.econreporter.com/57276/why-fomc-mulling-to-cut-on-rrp-rate-by-5-bps/) - December 1, 2024 (EconReporter) — A relatively unexpected discussion among Federal Reserve officials during November FOMC meeting was that "some" committee members suggested a future consideration of lowering the ON RRP facility rate by 5 basis points. Why are they talking about that?
- [No, PPI is not a measure of wholesale inflation](https://en.econreporter.com/57286/ppi-defined-not-wholesale-inflation/) - January 14, 2025 (EconReporter) — A standard perception of PPI is that it is a measure of "wholesale inflation", but the BLS told EconReporter that this interpretation of PPI is not at all correct.
- [Should Federal Reserve use scenario analysis to handle trade war uncertainty?](https://en.econreporter.com/57305/federal_reserve-scenario_analysis-trade_war_uncertainty/) - March 19, 2025 (EconReporter) — The Fed is currently in a "wait and see" mode in deciding what is the reaction to Trump's trade policy. But is it possible for the Fed to be a bit more proactive than merely saying "we will be able to update you further when we know more details"? Enters scenario analysis.
- [First sighting of Trump II tariff revenue surge](https://en.econreporter.com/57314/trump-ii-tariff-revenue-1st-surge/) - April 24, 2025 (EconReporter) — The US government on April 22 received USD 11.7 billion from customer duties in a single day, the first time we can observe a substantial increase in import duties revenue resulted from the new of tariff from the second Trump administration.
- [Where are the endpoints of QT? Ample Reserve System vs Demand-driven Floor System](https://en.econreporter.com/57320/endpoint-qt-fed-ample-reserves-ecb-boe-demand-driven-floor-system/) - May 6, 2025 (EconReporter) — Quantitative tightening (QT)—a process central banks use to reverse years of liquidity creation from quantitative easing (QE)—is concluding in many advanced economies. The central banks are growing confident that reserve levels in their financial systems are nearing their endpoints. Where are the endpoints of QT and what come next?
- [Why is the Hong Kong-US interest rate spread so persistent? — Currency peg in the age of abundant liquidity](https://en.econreporter.com/57339/hk-linked-exchange-rate-system-in-the-age-of-abundant-liquidity/) - June 21, 2025 (EconReporter) — A spread of over 3.5 percentage points between US and Hong Kong Interest rate persisted for close to two months and so far arbitrage has failed to close the gap, leading to discussion of whether Hong Kong's Linked Exchange System is failing. This article, however, will explore some technical factors behind this interesting interest rate gap.
- [Shadow Fed Chair — and Powell's nuclear option to counter it](https://en.econreporter.com/57351/reverse-shadow-fed-chair-powell-v-trump/) - June 26, 2025 (EconReporter) — President Trump's plan to install a "Shadow Chair" months before Jerome Powell's term ends will definitely reshape US monetary policy — but it could face a surprising challenge from Powell himself.
- [Hold on, Bank of England: The Fed is not so different from you on QT!](https://en.econreporter.com/57387/hold-on-bank-of-england-the-fed-is-not-so-different-from-you-on-qt/) - August 11, 2025 (EconReporter) — The Bank of England on Thursday released its latest Monetary Policy Report, announcing its decision to lower its policy rate by 25 bps to 4%. The report contains a lot of excellent analysis, including on the recent rise in food prices, the effect of trade war as well as a review of its quantitative tightening policy. But one thing, a comparatively much less important thing, in the review just stuck in my mind...
- [Canada retail sales up 1.5% MoM in June, likely followed by 0.8% drop in July](https://en.econreporter.com/57390/canada-retail-sales-up-1-5-202506/) - August 22, 2025 (EconReporter) — Canada retail sales increased 1.46% month-over-month in June while core retail sales, which exclude gasoline and auto sales, was up 1.95%.
- [Canada GDP shrinks 0.4% in Q2, is it all gloomy?](https://en.econreporter.com/57398/canada-gdp-q22025-shrinks-0-4/) - August 30, 2025 (EconReporter) — Canada's GDP contracted by 0.4% (or 1.6% annualized) over the second quarter, amid a 7.5% (26.7% annualized) drop in exports as the impact of US-imposed tariffs started to bite.
- [Canada unemployment rate surges to 7.1% in Aug](https://en.econreporter.com/57405/canada-unemployment-rate-aug2025-7-1/) - September 5, 2025 (EconReporter) — The unemployment rate in Canada has risen to 7.1% in August, the highest level since May 2016 outside of the pandemic era, StatCan reported Friday.
- [US PPI drops to 2.6% in August— a tale of two service prices](https://en.econreporter.com/57415/us-ppi-august2025-2-6/) - September 10, 2025 (EconReporter) — The Producer Price Index for Final Demand (PPI-FD) declined 0.1% MoM in Aug, bring the annual increase down to 2.6% from 3.1% in the previous month.
- [September FOMC Meeting: The Potential Dissenters](https://en.econreporter.com/57425/09-2025-fomc-meeting-potential-dissenters/) - September 15, 2025 (EconReporter) — The Federal Reserve is expected to cut its benchmark interest rate by 25 basis points this week. This has been the baseline market assumption since Chairman Jerome Powell's speech at Jackson Hole, in which he proclaimed, “the shifting balance of risks may warrant adjusting our policy stance." The question is, how many dissenting votes will Powell face in this meeting?
- [Bank of Canada drops interest rate to 2.5% — also a risk management cut](https://en.econreporter.com/57429/bank-of-canada-cuts-interest-rate-to-2-5-092025/) - September 17, 2025 (EconReporter) — After holding the policy rate unchanged in the past three meetings, Bank of Canada on Wednesday resumed its rate cut cycle, lowering its target for the overnight rate by 25 basis points to 2.5%.
- [Will QT finish before Powell's chairman term ends?](https://en.econreporter.com/57441/fed-qt-projection-april2026/) - October 21, 2025 (EconReporter) — Quantitative tightening (QT) may reach its end point "in the coming months," said Federal Reserve Chairman Jerome Powell in a speech last week. What does it mean? Will QT finish before Powell's chairman term ends?
- [If the Fed ends QT too soon, it risks discrediting its ceiling tools](https://en.econreporter.com/57452/fed-ends-qt-too-soon-discredit-ceilingtools/) - October 27, 2025 (EconReporter) — Analysts are expecting the Federal Reserve to announce the end of quantitative tightening (QT) at the upcoming meeting this week. The speculation is fueled by Chairman Jerome Powell's speech earlier this month in which he mentioned the supply of reserves may reach an "ample" level "in coming months."
- [The Fed's 'leaky ceiling' problem](https://en.econreporter.com/57462/fed-standing-repo-leaky-ceiling-problem/) - November 2, 2025 (EconReporter) — Why is the Fed's SRF failing? Top Fed officials called the issue a "leaky ceiling" that doomed Quantitative Tightening (QT). Learn how low bank participation and the leaky floor analogy suggest new policy changes.
- [Canada GDP rebound masks lackluster domestic demand](https://en.econreporter.com/57500/canada-gdp-q3-2025-rebound/) - November 28, 2025 (EconReporter) — The Canadian economy saw a significant rebound in the third quarter. A 0.65% expansion in the quarter was more than enough to recover the downwardly revised 0.47% contraction in the previous second quarter.
- [Canada GDP Q3 2025](https://en.econreporter.com/57507/canada-gdp-tracker/) - November 28, 2025 (EconReporter) — While GDP rebounded by 0.65% in Q3 (2.6% annualized), the expansion was driven almost entirely by a 2.2% drop in imports.
- [Canada Labor Market Watch](https://en.econreporter.com/57547/canada-labor-market-watch/) - (EconReporter) — Canada's unemployment rate dropped substantially and unexpectedly to 6.5% in November, from 6.9% in the prior month, showing signs of a much-needed resiliency in the North American economy.
- [Bank of Canada Watch—Dec 2025 Meeting](https://en.econreporter.com/57617/bank-of-canada-watch/) - December 11, 2025 (EconReporter) — The Bank of Canada on Wednesday decided to hold policy rate at 2.25% unchanged, as expected by markets. However, what is a notable is the Bank continues to show dovish bias given the recent rebound in economic data. 
- [US Trade Deficit Stabilizes as Post-Tariff 'Front-Loading' Fades](https://en.econreporter.com/57634/us-trade-deficit-nov2025-tariff-front-loading-fades/) - January 29, 2026 (EconReporter) — US trade deficit rebounded to USD 56.8 billion in November after recording a USD 29.2 billion shortfall, the smallest monthly since 2009, in the previous month, the US Census Bureau reported Thursday.
- [Understanding Hong Kong's Exchange Fund Bills & Notes — Liquidity Flow Analysis](https://en.econreporter.com/57649/hk-exchange-fund-bills-notes-efbn-liquidity-flow-analysis/) - February 15, 2026 (EconReporter) — This page compiles the expected liquidity flows between Hong Kong Monetary Authority's (HKMA) Exchange Fund Bills and Notes (EFBNs) and the Aggregate Balance. Estimates of these liquidity flows can provide a lens into the HKMA's liquidity management practices
- [US goods trade deficit hits all-time high in 2025—What does it mean for Q4 GDP?](https://en.econreporter.com/57716/us-goods-trade-deficit-2025-all-time-high/) - February 19, 2026 (EconReporter) — US trade deficit continues to widen in December after hitting recent year low in October. The total import was USD 70.3 billion higher than export in the last month of 2025, according to the US Census Bureau. 
- [Canada unemployment rate rises back to 6.7% in February amid 83,900 job losses](https://en.econreporter.com/57842/canada-unemployment-rate-feb2026/) - March 13, 2026 (EconReporter) — Canada Labor Market——February 2026 Unemployment Rate: 6.7%; Total Jobs MoM Change: -83,900; Full-Time Jobs MoM Change: -108,400; Part-Time Jobs MoM Change : 24,500
- [Canada's inflation rate slides to 1.8% amid a disinflationary base effect from last year's sales tax holiday](https://en.econreporter.com/57861/canada-inflation-rate-1-8-feb2026/) - March 16, 2026 (EconReporter) — Canada's inflation rate eased to 1.8% in February, the lowest since July last year. The deceleration in headline CPI year-over-year growth rate can mostly be explained by the base effect resulted from the GST/HST holiday last year.
- [Bank of Canada turns more 'two-handed' as 'Stag' vs 'flation' risks roughly balanced following Hormuz blockage](https://en.econreporter.com/57872/bank-of-canada-holds-rate-march2026/) - March 18, 2026 (EconReporter) — The Bank of Canada on Wednesday held its policy interest rate unchanged at 2.25%, which is exactly what the market expected. The focus is now on the central bank's assessment of the Iran War's impact on the economy.
- [This is why the Fed can afford to look through the Iran War energy shock](https://en.econreporter.com/57906/fed-can-lookthrough-iranwar-inflation/) - April 1, 2026 (EconReporter) — The vacancy-to-unemployed ratio currently stands at 0.91 — meaning there are fewer open jobs than unemployed workers. At the peak of post-COVID labor market tightness, that ratio exceeded 2. This structural difference is the strongest argument the Fed has for looking through the Iran War energy shock.
- [Central Bank's Balance Sheet and the Rise of Reserves](https://en.econreporter.com/55171/central-banks-balance-sheet-rise-reserves/) - February 8, 2017 (EconReporter) — The above figure shows the balance sheet of four major central banks from 2005 to 2015. Above the horizontal axis is the asset side of the balance sheet, below is the liability side. All four central banks financed their purchases via overnight interest-paying voluntarily-held deposit by financial institutions at the central bank, i.e. reserves. Source:
- [Why Negative Rate is a better policy tool to Higher Inflation Target? Bernanke Explains...](https://en.econreporter.com/42706/why-negative-rate-is-a-better-policy-tool-to-higher-inflation-target-bernanke-explains/) - September 19, 2016 (EconReporter) — In his latest Brookings blog post "Modifying the Fed’s policy framework: Does a higher inflation target beat negative interest rates?", Ben Bernanke compares two policy tools central banks can use to stimulate the economy - the hotly discussed idea of Raising Inflation Target and Negative Interest Rate. The TLDR answer is: Negative Rate is the
- [What Macroeconomists agree with each others, according to Blanchard](https://en.econreporter.com/45996/what-macroeconomists-seems-to-agree-with-each-others-according-to-blanchard/) - October 5, 2016 (EconReporter) — Olivier Blanchard a list of things that macroeconomists normally agreed on and need no further discussions.
- [Bernanke on Trump's Fiscal Policy ](https://en.econreporter.com/55129/bernanke-on-trumps-fiscal-policy/) - January 14, 2017 (EconReporter) — Ben Bernanke has a new blog post on Brookings. The focus of the post is to explain "the large difference between the reactions of the Fed and the markets to the change in fiscal prospects since the election"
- [Blanchard's "Policy Model" v "Theory Model"](https://en.econreporter.com/55140/blanchards-policy-model-v-theory-model/) - January 16, 2017 (EconReporter) — Back in November last year, Professor Olivier Blanchard discussed with me about his view that there should be four types of macroeconomics, and "theory models" like DSGEs is just one of them. Here is the conservation: Q: In your paper “Do DSGE Models Have a Future?” , you have mentioned one of the problems of
- [Why hadn’t Federal Reserve rescued Lehman Brothers in 2008?](https://en.econreporter.com/55881/why-hadnt-the-federal-reserve-rescued-lehman-brothers-ten-years-ago/) - September 15, 2018 (EconReporter) — This week, the trio who was directly responsible for the decision to let Lehman fail – Bernanke, Tim Geithner (then New York Fed President), and Hank Paulson (then Treasury Secretary) – joined together at a panel held by Brookings Institution and spoke about the lessons they had learned from the crisis.
- [The Fed's Interest Rate Policy Regime - Corridor System or Floor System](https://en.econreporter.com/55945/the-feds-interest-rate-policy-regime-corridor-system-or-floor-system/) - November 10, 2018 (EconReporter) — The Fed has changed it interest rate policy regime since 2008, from the so-called Corridor system, to the Floor system it is using right now. What is the different?
- [Hysteresis - An Underrated Macroeconomics Question](https://en.econreporter.com/55957/hysteresis-an-underrated-macroeconomics-question/) - November 12, 2018 (EconReporter) — Hysteresis is referred to the hypothesis that recessions may have permanent effects on the level of output relative to trend.
- [The sovereign-bank “doom loop”](https://en.econreporter.com/55980/managing-the-sovereign-bank-nexus/) - November 27, 2018 (EconReporter) — Since the Euro crisis, investors and policymakers are well aware of the so-called "doom loop" between the banking system and the sovereign. That is, a crisis originating in the banking system (sovereign) will weaken the sovereign (banking system), which in turn will worsen the banking (sovereign) crisis itself. In a recent ECB discussion Paper "Managing the sovereign-bank nexus", the 7 economists - Giovanni Dell’Ariccia, Caio Ferreira, Nigel Jenkinson, Luc Laeven, Alberto Martin, Camelia Minoiu, and Alexander Popov - coauthored the paper suggested that the banks and sovereigns are linked by three interacting channels:
- [Media Sentiment and International Asset Prices](https://en.econreporter.com/55985/media-sentiment-and-international-asset-prices/) - December 11, 2018 (EconReporter) — A new working paper from the IMF which tries to assess the impact of media sentiment on equity markets.
- [Aging, Output Per Capita and Secular Stagnation](https://en.econreporter.com/55871/aging-output-per-capita-and-secular-stagnation/) - September 11, 2018 (EconReporter) — Gauti B. Eggertsson, Manuel Lancastre, and Lawrence H. Summers explain in their paper "Aging, Output Per Capita and Secular Stagnation" the role of aging in the Secular Stagnation model.
- [BIS's latest hunt for Zombie (firms)](https://en.econreporter.com/55890/biss-latest-hunt-for-zombie-firms/) - October 7, 2018 (EconReporter) — In the latest BIS Quarterly Review, researchers Ryan Banerjee and Boris Hofmann consolidated some of the earlier research to illustrate the problem of zombie firms. They argued that the rise of zombies predated the 2008 financial crisis, and has since been dragging down the productivity of the real economy.
- [A skeptical review of the QEs - why they might not be powerful as some thought?](https://en.econreporter.com/55925/a-skeptical-review-of-the-qes-why-they-might-not-be-powerful-as-some-thought/) - October 26, 2018 (EconReporter) — In their working paper "A Skeptical View of the Impact of the Fed's Balance Sheet," economists David Greenlaw, James D. Hamilton, Ethan Harris, and Kenneth D. West challenge some earlier studies that concluded QEs have a significant economic impact. Their major argument is that those research used simple event studies to quantify the impact of QE.
- [CoCo issuance and bank fragility](https://en.econreporter.com/55941/coco-issuance-and-bank-fragility/) - November 6, 2018 (EconReporter) — A series of papers by Stefan Avdjiev, Bilyana Bogdanova, Patrick Bolton, Wei Jiang, and Anastasia Kartasheva on this topic is highly recommended.
- [The Missing Profits of Nations and Multinationals' Extreme Profitability in Tax Havens](https://en.econreporter.com/55967/the-missing-profits-of-nations-and-multinationals-extremely-profitability-in-tax-havens/) - November 13, 2018 (EconReporter) — The economics of tax evasion is a growing field in academic economics. There are much new exciting research trying to understand the mechanism behind global tax evasion. "The Missing Profits of Nations” by Thomas R. Tørsløv, Ludvig S. Wier and Gabriel Zucman is one of the most noteworthy research on the dynamic behind global tax evasions.
- [100% Reserve System is coming? - The Swiss Sovereign Money Referendum](https://en.econreporter.com/55834/100-reserve-system-is-coming-the-swiss-sovereign-money-referendum/) - June 6, 2018 (EconReporter) — The Swiss sovereign-money referendum, also known as the Sovereign-Money Initiative, which aims to creates a safe and crisis-free, yet experimental, banking system in Switzerland will be held on 10th June.
- [What is Payment on Reserves Process?](https://en.econreporter.com/55186/payment-reserves-process/) - February 9, 2017 (EconReporter) — The payment on reserve process proposed by Robert Hall and Ricardo Reis is a way of remunerating reserves which would give the central bank better control over the price level. The basic intuition is that given the central bank offer reserves that promised an indexed payment instead of an interest rate, for $1 of reserve
- [What is the Saturated Level of Reserves?](https://en.econreporter.com/55175/saturated-level-reserves/) - February 8, 2017 (EconReporter) — The Saturated Level of Reserves or efficient level of reserves, is the point which the opportunity cost for banks to hold reserves disappears, and became indifferent towards holding more reserves. The reserve demand curve beyond this point becomes close to horizontal.
- [What is Hysteresis?](https://en.econreporter.com/55158/explainer-what-is-hysteresis/) - November 29, 2016 (EconReporter) — Hysteresis is referred to the hypothesis that recessions may have permanent effects on the level of output relative to trend.
- [What is FTPL (Fiscal Theory of Price Level)?](https://en.econreporter.com/55167/explainer-fiscal-theory-price-level/) - August 15, 2016 (EconReporter) — The Fiscal Theory of the Price Level says that money has value because the government accepts it for taxes, and inflation is fundamentally a fiscal phenomenon
- [QE: A User’s Guide](https://en.econreporter.com/55915/qe-a-users-guide/) - October 25, 2018 (EconReporter) — In a recent policy research, Joseph Gagnon of Peterson Institute for International Economics and Brian Sack of D.E. Shaw Group asked an important question: when the Federal Reserve implement QE in the next crisis, should they use it somewhat differently?
- ["Concrete Economics" Review](https://en.econreporter.com/55121/concrete-economics-review/) - January 3, 2016 (EconReporter) — Prof. Brad Delong's blogs, either "bradford-delong.com" or over at " Equitable Growth" , are definitely two of the most influential economics blogs in the blogosphere, and I read both of them daily. More than often, however, I found my economics ideology differ vastly with that of Delong's. What keeps me reading his blog daily, is
- [Midas Paradox and the Great Depression | Q&A with Scott Sumner |](https://en.econreporter.com/20117/interview-with-scott-sumner-on-midas-paradox-market-monetarist-and-why-we-dont-have-another-keynesian-revolution/) - June 2, 2016 (EconReporter) — Welcome! This is the first installment of our interview series "Where is the General Theory of the 21st Century?" "Where is the General Theory of the 21st Century?" is an interview series with the aim to ask top economists a very important question: "Why haven't economists come up with a new General Theory that can
- [Global Inequality and Kuznets Waves | Q&A with Branko Milanovic |](https://en.econreporter.com/55278/branko-milanovic-global-inequality-kuznets-waves/) - March 13, 2017 (EconReporter) — 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 21st Century?” is an interview series which we ask top economists a very important question: “Why haven’t economists come up with a new General Theory after the Great Recession?” We
- [How the Game of Bank Bargains Created the Financial Crisis? | Q&A with Calomiris |](https://en.econreporter.com/55366/game-bank-bargains-created-financial-crisis/) - March 25, 2017 (EconReporter) — 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 21st Century?” is an interview series which we ask top economists a very important question: “Why haven’t economists come up with a new General Theory after the Great Recession?” We
- [Politics and the Economics of Banking Crises | Q&A with Charles Calomiris |](https://en.econreporter.com/55423/politics-economics-banking-crises-charles-calomiris/) - April 30, 2017 (EconReporter) — In this installment, we continue our discussion with Prof. Charles Calomiris, Henry Kaufman Professor of Financial Institutions at Columbia Business School. The topic of this installment is the missing role of politics in economics models of banking crises. We also discussed if Calomiris thinks macroeconomics has a similar problem.
- [How Household Debt affect the Global Business Cycles | Q&A with Atif Mian |](https://en.econreporter.com/55452/atif-mian-explains-household-debt-affect-global-business-cycles/) - May 21, 2017 (EconReporter) — In this installment of the interview, Professor Mian explains the major findings in his recent research paper "Household Debt and Business Cycles World Wide" and the important implications of that paper.
- [Economics Rules - Why Economists do it with Models | Q&A with Dani Rodrik](https://en.econreporter.com/55770/economics-rules-why-economists-do-it-with-models-qa-with-dani-rodrik/) - March 29, 2018 (EconReporter) — Rodrik explained why good economists think in terms of models, and what are major differences between models and theory. He also told us why macroeconomists' quest to find "the one true model" on the business cycle is probably misguided.
- [Is Inequality part of Macroeconomics? | Interview with Branko Milanovic |](https://en.econreporter.com/55302/inequality-part-macroeconomics-branko-milanovic-explains/) - March 14, 2017 (EconReporter) — Branko Milanovic discusses whether the study of inequality can be considered as part of macroeconomics and how should macroeconomists incorporate his idea of Kuznets Waves into their models.
- [How to Maintain Prosperity for All | Interview with Roger Farmer](https://en.econreporter.com/55581/maintain-prosperity-roger-farmer/) - October 2, 2017 (EconReporter) — Roger Farmer explains : Why central banks should consider stock market intervention in stabilizing the employment markets?
- [Why the Fed should Keep a Sizeable Balance Sheet?  | Q&A with Jeremy Stein |](https://en.econreporter.com/55561/fed-keep-sizeable-balance-sheet-according-former-fed-governor-jeremy-stein/) - August 19, 2017 (EconReporter) — Jeremy Stein, former Federal Reserve governor, talks to us about his recent research “The Federal Reserve's Balance Sheet as a Financial-Stability Tool” and why the Fed should maintain a sizeable balance sheet.
- [Major Shifts in Macroeconomics Since the Great Recession | Interview with Atif Mian](https://en.econreporter.com/55437/atif-mian-major-shifts-macroeconomics-since-great-recession/) - May 11, 2017 (EconReporter) — Atif Mian, co-author of House of Debt, discusses what he thinks are the "revolutionary" changes in macroeconomic academia since the Great Recession.
- [Understanding the Great Recession | Interviews with Larry Christiano |](https://en.econreporter.com/55535/understanding-great-recession-interview-larry-christiano/) - July 28, 2017 (EconReporter) — 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](https://en.econreporter.com/55687/yellen-stay-fed-governor-qa-conti-brown/) - December 1, 2017 (EconReporter) — 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.
- [Integrating Psychology with Economics | Q&A with Hersh Shefrin & Shlomo Benartzi](https://en.econreporter.com/55702/integrating-psychology-economics-qa-hersh-shefrin-shlomo-benartzi/) - December 9, 2017 (EconReporter) — In celebration of Richard Thaler's prize lecture for his 2017 Nobel prize, we interviewed two of his best co-authors -- Hersh Shefrin and Shlomo Benartzi -- to discuss the future of behavioral economics.
- [Fiscal Theory of Price Level and State of Macroeconomics | Q&A with John Cochrane |](https://en.econreporter.com/36071/conversation-with-john-cochrane-part-ii-ftpl-and-the-state-of-macroeconomics/) - August 16, 2016 (EconReporter) — John Cochrane talks about Fiscal Theory of Price Level and how can we apply this theory on the current macroeconomy.
- [How to use Interest on Reserve for Inflation Targeting? | Q&A with Ricardo Reis |](https://en.econreporter.com/55218/ricardo-reis-explains-central-banks-can-use-interest-reserve-target-inflation/) - February 11, 2017 (EconReporter) — This is the eighth installment of our interview series “Where is the General Theory of the 21st Century?” In this installment, we continue our talk with Professor Ricardo Reis, A.W. Phillips Professor of Economics at the London School of Economics. Reis has shared with us his view on the state of Macroeconomics in the first
- [DSGE model and the State of Macroeconomics | Q&A with Olivier Blanchard |](https://en.econreporter.com/55033/blanchard-on-dsge-and-the-state-of-macroeconomics-witgt21-conversation-series/) - November 20, 2016 (EconReporter) — In this interview, Blanchard discussed his view on the role of DSGE model in modern Macroeconomics and policymaking. He also explained his decision to rewrite his macroeconomics textbooks after the Great Recession. His recent research on hysteresis was also discussed.
- [A Macroeconomic Earthquake | Q&A with Larry Christiano](https://en.econreporter.com/55518/macroeconomic-earthquake-larry-christiano-thinks-post-2008-macroeconomics/) - July 24, 2017 (EconReporter) — In this interview, Prof Christiano shared his view on the development of post-2008 academic macroeconomics. We’ve asked Prof Christiano does he agree that modern macroeconomic models are too complicated for the general public, or even policymakers and if he agrees that economic models should be “simpler”. Does he think the recent revival of ISLM model a “good trend”? Should Macroeconomists hang on their faith in DSGE models? Should they explore alternative paths?
- [What is Neo-Fisherian and FTPL? | Q&A with John Cochrane |](https://en.econreporter.com/35782/conversation-with-john-cochrane-part-i-where-is-macroeconomics-heading/) - August 15, 2016 (EconReporter) — Cochrane discusses with us his view on the development in Macroeconomics since the Great Depression. He also explains what Neo-Fisherian and Fiscal Theory of Price Level are, and why they are important for understanding the current economic situation around the world.
- ["The Rate of Return on Everything, 1870-2015"](https://en.econreporter.com/55709/rate-return-everything-1870-2015-liquidity-premium-problem/) - January 3, 2018 (EconReporter) — How Alan Taylor, one of the authors of "The Rate of Return on Everything, 1870-2015" explains the liquidity premium problem when we compare the rate of return on Housing and Equity
- [The model you should use to explain Macroeconomics to your Mum | Q&A with Olivier Blanchard](https://en.econreporter.com/55061/blanchard-i-would-use-this-model-to-explain-macroeconomics-to-my-mum-witgt21-conversation/) - November 20, 2016 (EconReporter) — >Professor Olivier Blanchard further explained the role empirical research on DSGE models, how to teach undergraduates macro after the Great Recession, and his research on hysteresis.
- [Performance of Macroeconomics is not that bad! | Q&A with Ricardo Reis |](https://en.econreporter.com/55201/ricardo-reis-performance-macroeconomics-not-bad/) - February 9, 2017 (EconReporter) — In the interview, Ricardo Reis discuss with us his latest research project - "Reservism", the study of the role of reserves on central bank balance sheets and their implications for central bank solvency, quantitative easing, and the ability to control inflation.
- [The effects of Unconventional Exchange Rate and Monetary Policy | Q&A with Joseph Gagnon](https://en.econreporter.com/55474/effects-unconventional-exchange-rate-monetary-policy-explained-joseph-gagnon/) - June 3, 2017 (EconReporter) — The honorable guest for this installment is Joseph E. Gagnon, senior fellow at Peterson Institute for International Economics (PIIE). We discussed one of his latest research paper "Unconventional Monetary and Exchange Rate Policies" and the new book he coauthored with C. Fred Bergsten, "Currency Conflict and Trade Policy: A New Strategy for the United States". Gagnon also shared his view on the very popular "Global Financial Cycle" ideas.
- [Market Monetarism and Macroeconomics | Q&A with Scott Sumner |](https://en.econreporter.com/35835/conversation-with-scott-sumner-part-ii-market-monetarism-and-macroeconomics-after-the-great-recession/) - August 15, 2016 (EconReporter) — This is the second installment of our interview series "Where is the General Theory of the 21st Century?". In this second installment, we continue our discussion with Prof. Scott Sumner, the Ralph G. Hawtrey Chair of Monetary Policy at the Mercatus Center at George Mason University, where he is the director of the Program on
- [How to Reform the Federal Reserve System? | Q&A with Kocherlakota |](https://en.econreporter.com/55388/kocherlakota-reform-federal-reserve-system/) - March 28, 2017 (EconReporter) — 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 21st Century?” is an interview series which we ask top economists a very important question: “Why haven’t economists come up with a new General Theory after the Great Recession?” We
- [The Disappointments with Post-Great Recession Macroeconomics | Q&A with Kocherlakota |](https://en.econreporter.com/55419/kocherlakota-disappointed-post-great-recession-macroeconomics/) - April 23, 2017 (EconReporter) — 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 21st Century?” is an interview series which we ask top economists a very important question: “Why haven’t economists come up with a new General Theory after the Great Recession?” We