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BEIJING – Fixated on inflation targeting in a world without inflation, central banks have lost their way. With benchmark interest rates stuck at the...
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All posts tagged "Deflation"
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Joseph Stiglitz asks why US policymakers are considering an interest-rate hike at a time of below-target inflation.
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There are several definitions of financial repression – and the repressors and the repressed tend to see things differently. But what financial repression usually...
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BRUSSELS – It has now been nearly half a year since the European Central Bank declared its intention to buy some €1.1 trillion ($1.3...
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The low rate of inflation in the United States is a puzzle, especially to economists who focus on the relationship between inflation and changes...
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The Patriots owner was spotted partying at New York's Met gala while Tom Brady was in the hot seat.
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The world economy is in the grips of a dangerous delusion. As the great boom that began in the 1990s gave way to an...
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In today’s global economy, there is no price as important as that of crude oil. More than 80 million barrels are produced (and consumed)...
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Monetary policy has become increasingly unconventional in the last six years, with central banks implementing zero-interest-rate policies, quantitative easing, credit easing, forward guidance,...
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The world’s major central banks are currently obsessed with the goal of raising their national inflation rates to their common target of about 2%...