Accentuate The Positive

Balancing Inflation and Growth Part 1 of 13
It is an honor to speak here in London to the Society of Business Economists at the suggestion of my much-admired friend, Charlie Bean at the Bank of England. Charlie is on the advisory board of the Dallas Feds Globalization and Monetary Policy Institute, and we [...]

US Economy and Globalization Part 14 of 17
Central banks have good reasons to subtract volatile swings in prices, but routinely excluding food and energyand only food and energyis not, in my opinion, the best we can do. For one thing, not all food and energy prices are excessively volatile. Menu prices at [...]