Suchergebnisse

The fact that the Fed has maintained tighter policy than that of most other central banks in similar circumstances should add to its confidence that sizeable loosening at this point will not be premature.
The post The Fed May Cut Interest Rates 0.25 Percent This Week, but It Should Cut 0.5 Percent appeared first on American Enterprise Institute - AEI.

For some time now, the Federal Reserve, scarred by the surge in inflation to its highest pace since the 1980s, has sought nearly iron-clad assurance that any monetary loosening will not be premature. It now looks like that assurance has been forthcoming.
The post The Fed Is (Nearly) the World's Most Hawkish Central Bank appeared first on American Enterprise Institute - AEI.

Argentine inflation is running at over 140 percent; it is in default and unable to repay its external creditors; and the economy is set to enter a steep recession.
The post Dollarization—Argentina's Last Chance for Economic Stability appeared first on American Enterprise Institute - AEI.

The US dollar is the dominant global currency, but is it possible that the dollar could one day lose its top-tier status? And, if so, would that necessarily be a bad thing? To find out, I asked AEI's Steven Kamin.
The post The Dominant Dollar: My Long-Read Q&A with Steven Kamin appeared first on American Enterprise Institute - AEI.

This paper uses an error-correction model of Mexican inflation to decompose the real appreciation of the peso during 1988-1994 into that part attributable to the peso's initial underevaluation, that part explained by growing domestic demand, and that part attributable to backward-looking inflation. (DSE/DÜI)