Tag: Inflation

Aug 13

ECB Working Paper: The pass-through to inflation of gas price shocks

In a recent report, ECB acknowledges sanctions on Russian goods and assets have caused the surge in  inflation rates all over Europe. “The recent inflation surge in the euro area was significantly influenced by energy prices, particularly gas following Russia’s invasion of Ukraine in February 2022. (…) In comparison to oil price shocks, gas price …

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Apr 26

Real Fed Funds Rate / FFR rally to stop in June 2023. The big crisis coming

Signals from a recent BlacRock paper, confirmed by JP Morgan, show the FED will probably pause at 5.5% on June 14. Because the storm is coming…   Further signals coming from falling tax receipts in the USA leading to debt limit deadline to early June…

Jun 16

War economy: the Ukraine economic shock. EIB report

The EIB’s report on the “Ukraine economic shock” brings to attention the current and future macroeconomy trend in Europe. Pessimistic forecast in all sectors and aspects of life are assigned to the war in Ukraine -though it is to say that the rallies of raw material and energy prices begun in 2021 in concomitance with …

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Jul 11

The loose tights between inflation and unemployment

… And the myth of immaculate inflation. Paul Krugman explains. Read also on The Phillips Curve and the Lucas Critique here