Alexander W. Salter
To Whip Inflation, Trump Needs The Courage To Be Unpopular
How much longer will high inflation plague the US economy? Both the Consumer Price Index (CPI) and the Personal Consumption Expenditures Price Index (PCEPI) have grown faster than 2 percent […]
Forecasts Stable: The Fed Should Take a Breather
Prices still pinch: The Bureau of Labor Statistics announced the Consumer Price Index (CPI) rose 0.4 percent in December and 2.9 percent over the past year. The major cause was […]
The FOMC Should Hold Rates Steady
Another disinflationary hiccup: The Bureau of Labor Statistics (BLS) announced the Consumer Price Index (CPI) rose 0.3 percent in November and 2.7 percent over the last year. Year-over-year prices grew […]
WSJ’s Prof. Blinder Misses Again on Inflation Analysis
Writing in the Wall Street Journal, Alan Blinder argues that President-Elect Donald Trump’s economic agenda will spark inflation. “Almost every economist will tell you — as many did before Nov. […]
Don’t Dread Dwindling Disinflation
Inflation ticked up in October. The Bureau of Labor Statistics reported that the Consumer Price Index (CPI) rose 0.2 percent last month. Prices are up 2.6 percent over the last […]
Trump the Inflationist? Probably Not
At the New York Times, Jeanna Smialek reports that economists are worried President-Elect Trump will stoke inflation. Voters returned Trump to office largely because of the economy, especially the high […]
Why Fed Reform Could Be the Biggest Sleeper Issue of 2024
Joseph Sternberg, author of the “Political Economics” column at the Wall Street Journal, has been on the Federal Reserve’s case recently. He continues to take central bankers to task in […]
Disinflation Continued in September
More good news on the inflation front: disinflation continues apace. According to the latest data from the Bureau of Labor Statistics, the Consumer Price Index (CPI) grew at a continuously-compounding […]
Moderate Inflation Affirms Fed’s Path to Easing
“The Fed should ignore the political noise and follow the data. Central bankers failed to curb inflation, but that doesn’t mean they should deliberately make the opposite mistake now.” ~Alexander W. Salter
Moderate Inflation Affirms Fed’s Path to Easing
Price growth was moderate in August, the Bureau of Labor Statistics reports. The Consumer Price Index (CPI) rose 0.2 percent last month and 2.5 percent over the past year. On […]
