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Yellen and Krueger on low short term unemployment pushing inflation up when long term unemployment is high
04/16/2014
Yellen's position is that it is premature to assume low short term unemployment at a time of high long tem unemployment will lead to increasing inflation. Krueger's research shows that this can happen. Yellen prefers to go by a range of indicators and look at the overall picture of evidence from economic trends including deflationary trends in Europe, low inflation and low wage pressures in the U.S. with slack in the economy.
Grouped Articles
Yellen’s Not on Team Krueger When it Comes to Inflation and the Unemployed
Wall Street Journal 04.16.2014
Yellen Says Job Weakness Forestalls Raising Rates
New York Times 04.16.2014
Hiring Is Strong and Jobless Rate Declines to 6.1%
New York Times 07.03.2014
WSJ's Hilsenrath: Fed Can Be Patient on Rate-Hike Debate After Data
Wall Street Journal 08.02.2014
Yellen Goes on Road to Investigate Health of the Jobs Market
New York Times 10.16.2014
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