Economics and International Affairs Blog: An Update on the Inflation Debate

Top Fed official warns massive bond purchases are ill-suited for US economy
https://todayuknews.com/economy/top-fed-official-warns-massive-bond-purchases-are-ill-suited-for-us-economy/
“Eric Rosengren, president of the Boston Fed, told the Financial Times that he would support the central bank announcing next month that it would begin to wind down or “taper” its $120bn in monthly asset purchases this autumn and get on track to halt them by the middle of 2022.
The purchases of Treasuries and agency mortgage-backed securities were no longer the right remedy in an environment of severe shortages of essential materials and workers, Rosengren said”.

Landlords From Florida to California Are Jacking Up Rents at Record Speeds
https://www.bloomberg.com/news/articles/2021-08-18/housing-hunt-turns-to-desperation-with-record-rise-in-u-s-rents

What’s Happening with Inflation, in 179 Charts
https://www.nytimes.com/interactive/2021/08/18/opinion/inflation-economy-transitory.html

Supply-Chain Shocks Keep Hitting the World’s Factory Floors
https://www.bloomberg.com/news/articles/2021-08-14/supply-chain-shocks-keep-hitting-the-world-s-factory-floors

What ‘Transitory’ Inflation Really Means
https://www.barrons.com/articles/what-transitory-inflation-really-means-51628785705

Inflation Is Here. The Big Debate Is, Will It Stay?
https://www.bloomberg.com/news/articles/2021-08-14/inflation-is-here-the-big-debate-is-will-it-stay-quicktake