Capstone Software

Balancing Inflation and Growth Part 2 of 13

When I finished, Alan looked down the table and said, President Fisher, was that Henry V? Yes, Mr. Chairman, I replied. I know Ive reached retirement age, said the ancient chairman. I went to high school with that guy.
Would that we could today enjoy commodity [...]

Balancing Inflation and Growth Part 9 of 13

Recent readings on inflation have not been encouraging. The rate of increase in the core personal consumption expenditures price index, or core PCE that is, what people buy, except food and energy was 2.2 percent over the 12 months ending in January. Yet, its headline [...]