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The Fed’s Inflation Goal Is Completely Arbitrary

Over the past 18 months, inflation has dominated our understanding of the pandemic economy. Americans have endured the highest yearly price increases in four decades, from soup to nuts — literally. Even now, as experts and forecasters worry that the econo

logo.png  By NB  Mar 10, 2023

Why Is 2 Percent The Federal Reserve’s Magic Number For Inflation?

Transcript Santul Nerkar: Inflation in America is high. You’ve probably noticed when you’ve gone to the grocery store or gas station. But ordinary Americans aren’t the only ones unhappy with our current 6 percent inflation rate. The Federal Reserve isn’t

logo.png  By NB  Mar 10, 2023

Investors warn Japan’s foreign bond buying spree is at risk

Cost of hedging against swings in the yen wipes out extra returns for buyers looking overseas

logo.png  By NB  Mar 10, 2023

Boy or man, I’m into inflation-protected bonds

But am I willing to lose my shirt with a punt on interest rates?

logo.png  By NB  Mar 10, 2023