Central bankers face a crisis of confidence as models fail

Inflation is not behaving in the way economic models predicted.

“the link between measures of domestic slack and inflation has proved rather weak and elusive for at least a couple of decades”

(The relationship between slack and inflation nonetheless appears to hold at global level.
John Plender) 


FT 11 October 2017



Kommentarer

Populära inlägg i den här bloggen

Niklas Ekdal, bunkergängets apologet

Röd Öppning - Red Opening

Tickande bomben i Heimstaden AB