Archive for the ‘Economic Growth’ Category

Fed Vice-Chair Stan Fischer on Whether Stronger Actual Growth Can Boost Potential Growth

August 11th, 2014

Fed vice-chair Stan Fischer gave another interesting (and long!—dude, you don’t have to cover everything in each outing!) speech today wherein he continues to articulate the Fed’s state-of-the-art thinking on all the big issues (here’s an earlier post re Fischer on financial oversight). Just did this CNBC hit on it so let me summarize the point… Read more

Still No Wage Pressures to Speak Of…And Yet, People Speak of Them…

August 9th, 2014

I don’t plan to publish this wage mash-up every quarter, but given the building and misguided pressure on the Fed to start raising rates to prevent allegedly incipient wage and price inflation, I thought I’d update the previous quarter’s result through the first half of this year. Dean Baker and I give the rundown re this… Read more