Tag Archives: Janet Yellen

Inching closer to a US recession, while Yellen is eager to hike

Today we got the Minutes from the December 15-16 FOMC meeting where the Fed hiked interest rates.  That in itself is not terribly interesting and there is not much news in the Minutes to shock the markets. Nonetheless it is another day of tightening of US monetary conditions – stronger dollar, lower inflation expectations, lower […]

http://marketmonetarist.com/2016/01/06/inching-closer-to-a-us-recession-while-yellen-is-eager-to-hike/

Inching closer to a US recession, while Yellen is eager to hike

Today we got the Minutes from the December 15-16 FOMC meeting where the Fed hiked interest rates.  That in itself is not terribly interesting and there is not much news in the Minutes to shock the markets. Nonetheless it is another day of tightening of US monetary conditions – stronger dollar, lower inflation expectations, lower […]

http://marketmonetarist.com/2016/01/06/inching-closer-to-a-us-recession-while-yellen-is-eager-to-hike/

Yellen is transforming the US economy into her favourite textbook model

When you read the standard macroeconomic textbook you will be introduced to different macroeconomic models and the characteristics of these models are often described as keynesian and classical/monetarist. In the textbook version it is said that keynesians believe that prices and wages are rigid, while monetarist/classical economist believe wages and prices are fully flexible. This […]

http://marketmonetarist.com/2015/09/20/yellen-is-transforming-the-us-economy-into-her-favourite-textbook-model/