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Rising inflation pressures justify higher rates
Gradually rising US inflation justifies gradual increases in official interest rates - 50 basis points in 2016 and further tightening in 2017 and 2018, Chicago Fed President Charles Evans said in a keynote speech at the AIC 2016 on Tuesday.
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AIC Conversations: Robert J. Shiller, 2013 Nobel Laureate in Economics; Distinguished Professor of Economics, Yale University
Watch Shiller on Why We’re Living in an Age of Anxiety.
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Real Estate Bubbles May be Brewing
Real estate bubbles are brewing in Canada and possibly Hong Kong, said Nobel Laureate and noted real estate expert Robert Shiller.
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U.S. is a racehorse compared to rest of the world
America’s oil fracking boom is bolstering GDP growth and keeping inflation low, making the U.S. economy the world’s clear leader, says Richard Fisher, former President of the Federal Reserve Bank of Dallas.
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Governments worsened inequality, post-crisis
Government responses to the financial crisis of 2008 - 2009 have widened the gap between rich and poor, with QE supporting the wealthy, while austerity programs hurt the poor and middle classes, according to former UK Prime Minister John Major and former Dallas Fed President Richard W. Fisher.