Stern Reiterates Support For Inflation Targeting
- Moskow Warns of Inflation, More Rate Hikes. Siegel, Gary E. // Bond Buyer;8/23/2006, Vol. 357 Issue 32451, p2
The article reports that Federal Reserve Bank of Chicago President Michael Moskow has warned financial institutions of the risk of inflation. He said that the risk of inflation remaining too high is greater than the risk of economic growth being too low. Moskow points out that some additional...
- No Picnic at the Bank of England. // International Economy;Summer2008, Vol. 22 Issue 3, p6
The article explores the business condition of the Bank of England. It states that the bank's current inflation rate is higher compared to the rates in the U.S. and in the eurozone. It mentions that the difficulty of the jobs of the Federal Reserve and European Central Bank officials is better...
- An Economist's Viewpoint. Stern, Gary H. // Region (10453369);Sep2004, Vol. 18 Issue 3, p2
Presents a speech by Gary H. Stern, president of Federal Reserve Bank of Minneapolis, delivered to the Kansas Council on Economic Education in Topeka, Kansas on April 29, 2004. Importance of economics education; Impact of foreign trade to workers and economic condition of the U.S.; Discussion...
- Nigerian consumer inflation rose to 9.5% in February. // African Business News;3/19/2013, p17
The article reports on the increase of Nigerian consumer inflation by 9.5 percent in February 2013 from 9 percent in January of the same year which still within the central bank's single digit target.
- Two of MNB's three inflation indicators rise in May. // Hungary A.M.;6/12, p2
The article focuses on a recently published data which show that two of the three year-on-year inflation indicators of the National Bank of Hungary (MNB) rose and one was unchanged in May 2014.
- King: UK recovery will be arduous, long and uneven. Salih, Chris // Money Marketing (Online Edition);1/25/2012, p20
The article presents the views of governor of Bank of England, Sir Mervyn King on the decreasing rate of inflation and scope of the Quantitative easing (QE). He further states that Great Britain should start recovering their economical conditions to tackle with their rate of borrowing from the...
- Central Bank Austerity Policy, Zero-Inflation Targets, and Productivity Growth in Canada. Seccareccia, Mario; Lavoie, Marc // Journal of Economic Issues (Association for Evolutionary Economi;Jun96, Vol. 30 Issue 2, p533
Focuses on the reasons and the empirical evidence that sustains the Bank of Canada and the Canadian government's beliefs that low inflation will induce greater efficiency and that low inflation will induce a higher rate of growth of productivity. Use of these beliefs to rationalize the idea that...
- Food Inflation Soars to 17.7%, Bank May Step In. // India -- West;4/16/2010, Vol. 35 Issue 21, pA33
The article reports on the rise of food inflation to 17.7% which may result for Reserve Bank of India to further tighten its monetary policy, according to Prime Minister's Economic Advisory Council member G. Govinda Rao.
- Banks need to diversify income. // MEED: Middle East Economic Digest;6/20/2008, Vol. 52 Issue 25, p7
The article reports on the implication of inflation on the move of banks to diversify its income in the Middle East. According to the article, continuous volatility in the region's stock market has led to the reduction of profits among banks in the country. In addition, the author states that...