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Federal Reserve Bank of San Francisco | This Time Is Different…Because We Are

The Federal Reserve has evolved since the “Great Inflation” of the 1970s. With new tools and a deeper understanding of the importance of transparency, it is better prepared to meet the dual mandate goals of price stability and full employment, even in challenging times. The following is adapted from remarks by the president of the Federal Reserve Bank of San Francisco to the Los Angeles World Affairs Council & Town Hall on February 23. ....

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The zero lower bound on inflation expectations | VOX, CEPR Policy Portal

Inflation expectations affect the decisions of households, firms, and policymakers. Expectations of negative inflation can be particularly harmful and lead to deflationary spirals when nominal interest rates are near zero. This column uses survey evidence to show that households and firms almost never expect deflation, even when it is a clear possibility. This apparent zero ....

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Equitation. Axelle Borel, un derby trois étoiles à Dinard


Jumping international de Dinard (de ce jeudi à dimanche)
« J’y ai toujours regardé tous les cavaliers avec beaucoup d’attention. Je me rappelle en particulier de Patrice Delaveau (trois fois vice-champion du monde dont une fois en individuel) qui l’a fait il y a quelques années mais je crois que tous les grands cavaliers y sont passés. C’est vraiment une chance… » Autant vous dire que cette chance, l’Axelle Borel l’a saisie des deux mains et compte bien en tirer profit. La Briochine n’a que 20 ans, mais aussi une belle dose de talent, un sourire d’ange sans oublier… des dents longues. ....

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Le cavalier marocain Abdelkebir Ouaddar 3è au Grand Prix 4* de Gorla Minore

Le cavalier marocain Abdelkebir Ouaddar 3è au Grand Prix 4* de Gorla Minore
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