Global Economy and Monetary Policy by Greg Ip
Core CPI differs from core PCE inflation, Greg Ip notes
Greg Ip highlights the difference between core personal consumption expenditures (PCE) inflation and core consumer price index (CPI) inflation, noting that core CPI is much lower. He suggests ...
Greg Ip: Market participants cautious on oil futures due to Trump influence
Greg Ip highlights that one reason oil futures are not trading higher is the reluctance of speculators to build long positions, given the potential for abrupt policy statements from U.S. President ...
Private money and stablecoins bring both benefits and costs, Greg Ip notes
Greg Ip examines the impact of private money and stablecoins in financial innovation. He notes that while these innovations deliver services unavailable or too expensive within traditional ...
Greg Ip: Debt, inflation, and populism create challenges for bonds
Greg Ip highlights that debt and inflation both have negative consequences for bonds. He explains that populism can exacerbate these issues, as the three trends may reinforce one another. ...
Financial turmoil drove fertility declines in several regions, Greg Ip argues
Greg Ip suggests that the financial crisis was a more likely cause of the downward shift in U.S. fertility rates in 2008 than technological factors such as the iPhone. He notes that the Euro ...
Greg Ip: Immigration drives job gains in key sub-industries since November
Greg Ip, industry influencer, highlights new analysis showing that sub-industries with the highest percentages of non-citizen workers have experienced leading job growth since November. He ...
April saw 115,000 new payroll jobs but higher unemployment, Greg Ip notes
Greg Ip, industry influencer, points to an apparent disconnect in U.S. labor market trends. In his analysis of data for April, he notes that while there were 115,000 new payroll jobs added, the ...
Greg Ip: U.S. national debt tops 100 percent of GDP for first time
Greg Ip, industry influencer, reports that the U.S. national debt has now exceeded 100 percent of gross domestic product, crossing a historic threshold. As of March 31, publicly held federal debt ...
Panel will address current account imbalances, Greg Ip states
Greg Ip announced he will moderate a panel discussion on Wednesday focusing on widening current account imbalances. The panel will feature IMF Managing Director Kristalina Georgieva, Bank of ...
Greg Ip: Banks increase exposure by lending to private equity and credit firms
Banks have become more interconnected with private equity and credit firms by lending heavily to them, effectively increasing leverage to already leveraged companies. Greg Ip highlights that while ...
Fed response to oil price changes visualized, Greg Ip notes
Greg Ip used artificial intelligence tool Claude to generate a chart that illustrates his perspective on the Federal Reserve's asymmetric reaction function regarding oil prices. The chart aims to ...
Greg Ip: U.S. retail gasoline prices linked to Brent since January 2010
A study from 2019, highlighted by Greg Ip, finds that U.S. retail gasoline prices were responsive to both Brent and WTI crude benchmarks before January 2010. Since January 2010, however, ...
Resumed disinflation remains likely with soft wages and strong productivity, Greg Ip notes
Greg Ip shared his view that resumed disinflation appears to be the most probable scenario, citing the combination of soft wage growth and solid productivity. He emphasized the importance of ...
Greg Ip: FOMC raises long run growth forecast to 2 percent from 1.8 percent
The latest FOMC long run economic growth forecast now stands at 2 percent, compared to 1.8 percent in December. Greg Ip highlights that optimism surrounding artificial intelligence may be ...
Fed policy shifts embedded inflation, Greg Ip says
The impact of the oil embargo significantly worsened inflation, according to Greg Ip. He argues that inflation later became entrenched because the Federal Reserve responded with insufficient ...
Greg Ip: U.S. oil shock unlikely to trigger stagflation or recession
Greg Ip argues that the current oil shock is not expected to result in stagflation or a recession. He notes the U.S. is less energy intensive than during prior oil price spikes, with gasoline ...
Labor market shows resilience amid shifting job numbers, Greg Ip notes
Recent fluctuations in U.S. jobs data do not justify immediate policy changes, according to Greg Ip. He highlights that January delivered an upside surprise in job numbers, while February saw a ...
Greg Ip: Fed prioritizes PCE inflation gauge over CPI measure
The U.S. Federal Reserve chooses to target the Personal Consumption Expenditures (PCE) inflation measure instead of the Consumer Price Index (CPI) due to its closer relationship with monetary ...
