Antonio Fatas on the Global Economy

"The Euro is to blame for the current crisis in Europe". I am sure this sentence sounds familiar to many. The argument is simple: ...

In recent speeches, Ben Bernanke has referred to a(n) (implicit) target of around 2% for inflation in the US. The U.S. Federal Reserve, toge...

One more posts on the inflation outlook in the US related to our earlier post . With the release of the last CPI data from BLS, we continue ...

Standard monetary policy is about setting short-term nominal interest rates. Most macroeconomic models assume that inflation is sticky (con...

We have all heard many jokes about economists and how difficult it is to get them to agree on anything. Most economists always answer a ques...

Robert Zoellick, president of the World Bank, has an interesting piece on today's Financial Times about the need for a new mechanism fo...