Tag: Inflation

A few thoughts on a remarkable speech today by Fed chair Janet Yellen

In no particular order, let me touch on a few interesting elements of Federal Reserve Chair Janet Yellen’s speech today to the 2014 National Interagency Community Reinvestment Conference in Chicago. 1.) Real stories, and a new tone. It’s hard to…

Stocks, GDP, unemployment, and QE3: what should we expect from here?

Note that after every hint or announcement of more Fed action, the S&P came off a recent low.

Nicholas Mangee: Fed is failing its dual mandate

Another great column from Armstrong economics professor Nicholas Mangee in the Savannah Morning News: Our economic times: Federal Reserve remains resistant on policy