August, 2009

Balancing Inflation and Growth Part 2 of 13 »

Balancing Inflation and Growth Part 2 of 13 When I finished, Alan looked down the table and said, President Fisher, was that Henry V? Yes, Mr. Chairman, I replied. I know Ive reached retirement age, said the ancient chairman. I went to high school with that guy. Would that we could today enjoy commodity trading courses such levity from the

Balancing Inflation and Growth Part 12 of 13 »

Balancing Inflation and Growth Part 12 of 13 As a result, trade in services is one of the most rapidly growing components of global trade. Thus, even the available supply of architects or petroleum engineers or software designers or medical technicians or lawyers or commodity trading broker must increasingly be considered in the context of

Balancing Inflation and Growth Part 4 of 13 »

Balancing Inflation and Growth Part 4 of 13 The Federal Reserve, unlike the Bank of England, has a dual mandate. We are charged with creating the monetary conditions to support sustainable noninflationary employment growth. We must keep our eyes on two things: economic growth and price pressures. Of course, this is easier said than done. It