Critical Issues
U.S. Producer Prices: Any Signs of Pressure in the Pipeline?
Access to this analysis is restricted to RGE Clients.
If you are an RGE Client please log in to your account.
For information on becoming an RGE Client, pleasevisit our Registration page or speak with an RGE Representative in NY at 212-645-0010, or, in London, at +44 (0) 203 056 4960.
Forgot Your Password?
U.S. Consumer Prices: Core Prices Remain Weak
Access to this analysis is restricted to RGE Clients.
If you are an RGE Client please log in to your account.
For information on becoming an RGE Client, pleasevisit our Registration page or speak with an RGE Representative in NY at 212-645-0010, or, in London, at +44 (0) 203 056 4960.
Forgot Your Password?
Does the Risk of Deflation in the U.S. Outweigh the Risk of Inflation?
Access to this analysis is restricted to RGE Clients.
If you are an RGE Client please log in to your account.
For information on becoming an RGE Client, pleasevisit our Registration page or speak with an RGE Representative in NY at 212-645-0010, or, in London, at +44 (0) 203 056 4960.
Forgot Your Password?
Are U.S. Inflation Expectations Still Tame?
Access to this analysis is restricted to RGE Clients.
If you are an RGE Client please log in to your account.
For information on becoming an RGE Client, pleasevisit our Registration page or speak with an RGE Representative in NY at 212-645-0010, or, in London, at +44 (0) 203 056 4960.
Forgot Your Password?
U.S. Import Prices: Any Signs of Upward Pressure?
Access to this analysis is restricted to RGE Clients.
If you are an RGE Client please log in to your account.
For information on becoming an RGE Client, pleasevisit our Registration page or speak with an RGE Representative in NY at 212-645-0010, or, in London, at +44 (0) 203 056 4960.
Forgot Your Password?
Do U.S. Wages Portend a Wage-Price Spiral?
Access to this analysis is restricted to RGE Clients.
If you are an RGE Client please log in to your account.
For information on becoming an RGE Client, pleasevisit our Registration page or speak with an RGE Representative in NY at 212-645-0010, or, in London, at +44 (0) 203 056 4960.
Forgot Your Password?
U.S. Inflation: What Are The Different Indicators Signaling?
Access to this analysis is restricted to RGE Clients.
If you are an RGE Client please log in to your account.
For information on becoming an RGE Client, pleasevisit our Registration page or speak with an RGE Representative in NY at 212-645-0010, or, in London, at +44 (0) 203 056 4960.
Forgot Your Password?
Does U.S. CPI Understate Inflation?
Access to this analysis is restricted to RGE Clients.
If you are an RGE Client please log in to your account.
For information on becoming an RGE Client, pleasevisit our Registration page or speak with an RGE Representative in NY at 212-645-0010, or, in London, at +44 (0) 203 056 4960.
Forgot Your Password?
U.S. Inflation and Unemployment: Any Relation?
Access to this analysis is restricted to RGE Clients.
If you are an RGE Client please log in to your account.
For information on becoming an RGE Client, pleasevisit our Registration page or speak with an RGE Representative in NY at 212-645-0010, or, in London, at +44 (0) 203 056 4960.
Forgot Your Password?
Background:
The slack in labor and goods markets points to a period of subdued unflation or disinflation in the U.S.The negative output gap augurs continued low core inflation though the year, while headline inflation may pick up from the fading base effects of lower commodity prices. In the edium-term downside risks to inflation include sluggish aggregate demand and the negative output gap. First, money supply increases alone will not generate inflation. The velocity of money has slowed and the money multiplier has fallen. Despite growth in excess reserves, credit growth has not yet picked up. Inflation is more a story for the longer-term than the medium term. If and when credit growth does pick up and an economic recovery is clearly underway, the Fed would have to shift into tightening mode, disposing of assets on its balance sheet and shrinking bank reserves to prevent the sharply higher money supply from translating into overly easy credit and high inflation. Some analysts believe the risks of inflation will arise from the Fed having a difficult time exiting from monetary easing, while some analysts believe that the risk to inflation will arise from increasing political pressure to monetize and inflate away the value of public debt.
RGE CLIENTS
This is a small excerpt of content available only to RGE Clients.
If you are an RGE Client, please log in to your account.
For information on becoming an RGE Client, please visit our Registration Page, email us or
speak with RGE Sales in NY at +1 212-645-0010 or in London at +44 (0) 203 056 4960.
Associated Readings
Analysis
BNP Paribas
Nov 10, 2009
Inflation: Is The Output Gap Wide Enough?
Blogs
Seeking Alpha
Steven Hansen
Sep 03, 2009
Scary Drop in Velocity of Money: Is Deflation Knocking?
Analysis
Van Hoisington via Investor Insight
Lacy Hunt
Jul 13, 2009
Debt and Deflation
Analysis
Natixis
Jun 23, 2009
Can we be certain that there is no risk of deflation in the United States and Europe?
Blogs
macroblog
David Altig
Jun 12, 2009
Price stability and the monetary base
Analysis
Federal Reserve Bank of San Francisco
John C. Williams and Justin Weidner
Jun 12, 2009
How Big Is the Output Gap?
Blogs
The Big Picture
Barry Ritholtz
Jun 07, 2009
Can the Fed Execute a Perfect Landing ?
