Understanding Prices, Getting a jump on Inflation With The Dallas Fed

Viewing 6 posts - 1 through 6 (of 6 total)
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  • #11397
    Helmholtz Watson
    Participant

    [article]169[/article]

    #11398
    TradersCom
    Keymaster

    It is good to see a Fed member, and a voter at that, saying we have no real clue and having a research letter to explain it through the question is has Dallas gone off reservation or is the Fed about to change tack given their 2% continues out of reach and need a new narrative. I am leaning towards the latter.

    #11399
    ClemSnide
    Participant

    #11402
    Assistanc3
    Participant

    The Fed QE experiment is riddled with flaws
    2% inflation target is just one example since they don’t calculate inflation properly

    Has anyone heard a Fed member speak of “shrinkflation”?
    where the cost of the product stays the same but the sum of the product gets smaller

    #11404
    ClemSnide
    Participant

    [quote=”Assistanc3″ post=1134]The Fed QE experiment is riddled with flaws
    2% inflation target is just one example since they don’t calculate inflation properly

    Has anyone heard a Fed member speak of “shrinkflation”?
    where the cost of the product stays the same but the sum of the product gets smaller[/quote]

    Yes and good to see Kaplan acknowledge that with his team – interesting Draghi had talk on QE this morning all leading into Jackson Hole.

    No I have never heard them mention shrinkflation but many consumer groups have as we all know somethings aren’t cheaper at all – such a flawed measure and just a justification TO BAIL OUT BANKS AND OTHERS – got to have a narrative for the sheep

    #11427
    TradersCom
    Keymaster

    Kaplan Talking again today

    Highlights

    Confident US will grow in excess of 2% this year
    Growth through the first half was 1.9%
    I’m not saying we won’t act again this year, but we must be patient
    Government shutdown is something we must be monitoring
    We should begin process of running down balance sheet soon

    Repeats that Fed should be patient

Viewing 6 posts - 1 through 6 (of 6 total)
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