The idea that authorities can massage their pumping to keep asset bubbles inflated at a permanently high plateau is currently being tested.
The oldest trick in the monetary book is cheating the people by debasing the coin or currency. It goes back at least as far as the Eighth Century B.C. when the Jewish prophet Isaiah chastised the Israelites for doing it. "Thy silver has become dros
Do you ever get the sense that your favorite steak at that Quick Service Restaurant of your choice keeps getting thinner and thinner all while your check size at the end of the night continues getting larger and larger. Well, it is. How else are pu
23 SHARES Twitter Facebook Reddit Fed Chair Janet Yellen's prepared remarks confirm her previous stance that they will keep normalizing their policy stance (no matter what), bringing forward the timeline for unwinding the balance sheet, and
With all the talk of central bank hawkishness in the last week, one might assume there was some inflation to point to. It is quite the opposite. It is one thing to talk about inflation being below the Fed's target of 2%, it is an entirely different
Just like Bill Gross' monthly note earlier, Albert Edwards' latest piece is an exercise in stream of consciousness in two parts. In the first one, Edwards focuses on his, and our, favorite topic - bashing the "hubris" of central bankers, which he bel
The Federal Reserve's preferred measure of inflation hit its 2% target for the first time in nearly five years, according to Department of Commerce data.
Globally inflation is on the rise.
Inflation in the eurozone has jumped by more than expected to 1.8 percent in January from 1.1 percent in the previous month, the statistics authority Eurostat said. The inflation pickup came on the back of a sharp rise in energy prices.