Forecasting National Inflation Rates

global factor inflationRecent research shows that global factors correlate with national inflation rate movements well enough to help forecast national inflation rates.

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Farmland Values in the Eighth District Decline

agricultural conditionsFarmland values in the Midwest and Midsouth declined during the second quarter of 2014 compared with a year ago.

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Working Part Time β€” But Not by Choice

working part time for economic reasonsThe unemployment rate has been declining significantly since the Great Recession ended. However, the ranks of those involuntarily working part time have been declining at a slower pace. How does this situation compare with what happened after previous recessions?

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The Gold Standard and Price Inflation

gold standardSome argue that a return to the gold standard would guarantee price-level stability. However, the past 30 years of low and stable inflation in the U.S. have demonstrated that the gold standard is not necessary for price stability.

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The Federal Budget: How the U.S. Got Here, and Where It Is Headed

federal budgetNow that the turmoil over the federal budget has quieted down somewhat, it’s a good time to examine how spending and revenue have changed since the 1970s and are expected to change in the next 10 years.

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