TheCentralBanker
Pierpaolo BenignoProviding Insights for Market Analysis and Updates from My Latest Research
| Platform |  | Pricing | Only free issues |
|---|---|---|---|
| Publishes | Weekly | Issues | 9 |
| Subscribers | Read | pierpa612.substack.com |
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Latest Issues
Recent posts by this newsletter. Browse the email archive.
Why Is U.S. Inflation Still High?
The continued tightness of the labor market remains the primary driver of persistently high inflation, according to our econometric model (Benigno and Eggertsson, 2023).
Is Maximum Employment Compatible with a 2% Inflation Target?
With the inflation rate currently at 3.2% according to core CPI—or 2.8% as measured by core PCE—and unemployment at 4.1%, a level indicative of an economy close to its maximum employment target, one might wonder why inflation has not yet re...
Should the FED Be Worried About High Inflation in the Service Sector?
Ahead of the December FOMC meeting, with inflation in the service sector currently at 4.5% in the United States and in the goods sector at minus 0.6%—a pattern similar to that observed in many other countries, including the Euro area, the U...
The Bitcoin Debate: Currency or Speculative Bubble?
Although Bitcoin has surpassed a value of $100,000 per unit, many still question whether it qualifies as a currency. In a recent Bloomberg interview (December 5)(link), economist Nouriel Roubini remarked: “They are not currency: they are no...
Authors
The writers behind this newsletter.
Professor of Economics at the University of Bern and Author of “Monetary Economics and Policy: A Foundation for Modern Currency Systems”.
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