ALL BLOG POSTS
Make Chuck Norris Fed chairman - or rather it is time to replace discretion in US monetary policy with clear rules.
The ups and downs in the economy is not determined by animal spirits but by external shocks and from policy mistakes. Read Lars Christensen's latest blog post on why there is no 'business cycle'.
Our founder and CEO Lars Christensen comments on recent monetary policy decisions from the Federal Reserve, ECB and particularly from the Bank of England.
The Bank of England is getting more hawkish. Listen to Lars Christesen's comments.
Watch Lars Christensen comment on the Fed rate hike.
Federal Reserve's rate hike yesterday effectively means that the Fed will continue to undershoot it's 2% inflation. Consequently the Fed is gradually eroding the credibility of the inflation target.
Today we have published a new Research memo, which previews Wednesday’s policy announcement from the US Federal Reserve. Our conclusion is that US monetary conditions are too tight to ensure that the Fed will hit its 2% inflation target in the medium term.
Twenty-five years ago today, Danes voted no to the Maastricht Treaty, and therefore no to participating in the single European currency – the euro. Despite of that the Danish krone remains pegged to the euro. It is time for Denmark to float the krone.
Lars Christensen in this op-ed (first published in the Icelandic newspaper Frettabladid) argues that the Icelandic central bank should target nominal wages rather than consumer prices.