The theme of this year’s annual economic symposium in Jackson Hole is “Fostering a Dynamic Global Economy”. This seems like a particularly tall order as global protectionism has increasingly reared its head over the past year. On the other hand,...
There were two barely noticed but significant comments on inflation in July – the first was the Fed removal of the suggestion that current low levels of inflation were transitory. Janet Yellen said: “We are watching inflation very carefully, . . .I do believe...
