Raising the inflation target: a question of robustness
In an unexpected move, the Federal Reserve Chair Janet Yellen has recently brought up the issue of raising the inflation target. This...
Is monetary policy credibility about to go?
Figure 1: Credibility in the euro area still holds up...but for how long? Both the Fed and the ECB have been able to remain credible...
Graph of the week: Oil prices; bad picture, good story
This is not a good graph. It is busy and attempts too much. However, if you could squint with me for a minute, an interesting story...
Graph of the week: Inflation...a question of height!
Not sure where this graph came from (not easy to read the name on the graph). It is actually cute and the correlation between inflation...
