CENTRAL bankers ordinarily strive to be boring. But these are not ordinary times. On December 16th the Federal Reserve unveiled a three-part assault on America’s slump that lit up the news wires like a pyrotechnic display.
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EXPECTATIONS MATTER! | CEM KARAMAN
| Expectations play an important role on the realization of the inflation rate. In this webpage I give links to articles related with expectations and inflation rate. Since some articles require subscribtion, not all of links may work. |
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Ground ZeroStumble or fall?NOBODY talks about “decoupling” any more. Instead, emerging economies are sinking alongside developed ones. In 2008 emerging stockmarkets fell by more than those in the rich world, and financial woes forced countries such as Hungary, Latvia and Pakistan to go cap in hand to the IMF. Taiwan’s exports have plunged by 42% over the past year, and South Korea’s by 17%; even China’s have shrunk. Singapore’s GDP fell by an annualised 12.5% in the fourth quarter of 2008, its biggest drop on record. Is this the end of the emerging-market boom?
... Link Last Updated: January 13, 2009 |