Ladies and gentlemen, please find my PPTs for tomorrow morning’s lecture: Topic 6
In addition, here are some links to resources collected with Clipboard: Topic 6
GDP data confirm that growth is either moderate or slowing, and inflation is below target. Policy implications should be obvious.—
Justin Wolfers (@JustinWolfers) August 29, 2012
An update on Saturday the 1st of September following Bernanke’s speech at Jackson Hole:
- Krugman did not like the speech.
- Tim Duy’s Fed Watch gives a cost-benefit analysis.
- The Economist gives a good summary of the road to QE3.
On the other side, Martin Feldstein presents the view that due to all the QE, inflation has become a risk to be reckoned with.