Economy
Opinion: “An (Almost) Inverted Yield Curve Is Worrying China”
S. Ren in Bloomberg: “It’s getting flatter, prompting worries over an ‘asset famine’ and a prolonged recession.” Whatever the reason,…
10 months ago
Chinn, Frankel and Ito: “The Dollar versus the Euro as International Reserve Currencies”
The abstract from article forthcoming in the Journal of International Money and Finance. We begin by examining determinants of aggregate foreign…
10 months ago
Some Recent Statistics on the Internationalization of the Yuan
COFER data through December 2023: Figure 1: Foreign exchange reserves in JPY as share of tota reserves (blue), AUD (light…
10 months ago
June CBO Economic Outlook: Positive Output Gap through 2025
The CBO released an updated Economic Outlook yesterday. Projected PCE inflation is higher, as are budget deficits. First drop in…
10 months ago
Business Cycle Indicators, Mid-June | Econbrowser
Industrial production surprises on upside (0.9% vs. 0.3% m/m), while nominal retail sales increase modestly (0.1 actual vs. 0.3% consensus).…
10 months ago