Tag archive for ‘Disinflation’
Stephen Roach On Tuesday, October 27th, 2015

Former Chairman of Morgan Stanley Asia Stephen Roach: The Wrong War for Central Banking

BEIJING – Fixated on inflation targeting in a world without inflation, central banks have lost their way. With benchmark interest rates stuck at the dreaded zero bound, monetary policy has been transformed More...

Professor Martin Feldstein On Saturday, February 28th, 2015

Harvard Professor Martin Feldstein: The Deflation Bogeyman

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% per year. This is true for the United States, where the annual More...

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