This is a macroeconomic model that operates at a very high level, treating all parts of the economy the same. I'm wondering how well that can work? It seems like tracking sectors like energy and...
This is a macroeconomic model that operates at a very high level, treating all parts of the economy the same. I'm wondering how well that can work? It seems like tracking sectors like energy and food separately would make more sense. We know specific reasons for why oil prices are up.
Inflation is increasingly becoming persistent. Greenspan was infamous for his "irrational exuberance" comment about the dot com boom he helped create. Powell is going to end up being remembered...
Inflation is increasingly becoming persistent.
Greenspan was infamous for his "irrational exuberance" comment about the dot com boom he helped create.
Powell is going to end up being remembered for his bad call on inflation... "transitory but persistent"
This is a macroeconomic model that operates at a very high level, treating all parts of the economy the same. I'm wondering how well that can work? It seems like tracking sectors like energy and food separately would make more sense. We know specific reasons for why oil prices are up.
Inflation is increasingly becoming persistent.
Greenspan was infamous for his "irrational exuberance" comment about the dot com boom he helped create.
Powell is going to end up being remembered for his bad call on inflation... "transitory but persistent"