Richard CervisiWill The Federal Reserve Reduce Inflation Without Inducing A Recession?The history of the Federal Funding Rate and recessions teaches us the answer is most likely no.Sep 23, 2022Sep 23, 2022
Richard CervisiDoes Too Much Money Cause Inflation?In 1963, the Noble prize winning economist Milton Friedman declared, “Inflation is always and everywhere a monetary phenomenon in the sense…Sep 12, 2022Sep 12, 2022
Richard CervisiWill Core Inflation Come Down Any Time Soon?The answer is probably not based on the five episodes of rate increases since 1993.Aug 17, 2022Aug 17, 2022
Richard CervisiExpect Wild Swings In Month-Month Inflation To ContinueJuly’s month-to-month change in the Consumer Price Index (CPI) is reported today to be 0.0%, while June’s value was 1.3%. What is going on?Aug 10, 2022Aug 10, 2022