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It is time for BoE to make the 4% NGDP target official

It is time for BoE to make the 4% NGDP target official

While I do not want to overestimate the effects of Brexit on the UK economy it is clear that last week's Brexit vote has significantly increased "regime uncertainty" in the UK.

Brexit is not a major global shock

Brexit is not a major global shock

It rarely happens, but sometimes Scott Sumner and I disagree and that is the case presently.

Brexit: Regime Uncertainty at the Zero Lower Bound

Brexit: Regime Uncertainty at the Zero Lower Bound

Brexit is on everybody’s mind and even before the – for the markets – surprising “Leave” vote on Thursday the British EU referendum was the dominating theme in the markets for awhile. When the news came out early Friday morning, the global financial markets reacted strongly.

Brexit: The Press Release the Fed should have put out

Brexit: The Press Release the Fed should have put out

The Federal Reserve just released the following statement:

Beckworth talks to Hetzel

Beckworth talks to Hetzel

David Beckworth has a great interview with my friend and great hero Robert Hetzel. Listen here.

German 10-year yields just dropped below zero

German 10-year yields just dropped below zero

Here we go...10-year government bond yields just dropped below zero.

My talk with David Beckworth

My talk with David Beckworth

I have had a good talk to David Beckworth. Listen to the podcast here.

F. A. Hayek on Brexit

F. A. Hayek on Brexit

I am in Munich today to do a presentation on Brexit at the European Institute COO-CFO Roundtable.

Why the US labour market is softening - the one graph version

Why the US labour market is softening - the one graph version

Friday's US labour market report was a huge disappointment. This graph explains why.

Larry White will visit Copenhagen soon (Hurray!)

Larry White will visit Copenhagen soon (Hurray!)

One of the greatest living monetary historians professor Larry White will be visiting Copenhagen in less than two weeks.

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