Friday, January 16, 2015

James Bullard's Linear Trend Failure of the Day (Musical Tribute)

November 14, 2014
Does Low Inflation Justify a Zero Policy Rate?

Market-based measures of inflation expectations have declined to low levels in recent months, but rebounded since mid-October.

Click to enlarge.


Source Data:
St. Louis Fed: Custom Chart


Mr Slippery said...

I hope they embark on 17 straight rate hikes like they did starting in June, 2004. That worked out great!

Looks like deflation has Bulltard by the horns.

Stagflationary Mark said...

17 rste hikes and/or bust!