Saturday, December 4, 2021

Mostly Economics

Mostly Economics


Inflation in UK: Comparing 1970s with today

Posted: 03 Dec 2021 04:43 AM PST

Jonathan Haskel of Bank of England in this speech compares inflation in UK in 1970s with today: Inflation, as measured by the annual rise in the consumer price index (CPI), was 4.2% in October. Our latest MPC forecast projects inflation to peak at around 5 percent in the second quarter of 2022. Since the Bank […]

Bitcoin Adoption and Beliefs in Canada

Posted: 03 Dec 2021 12:53 AM PST

Team of Bank of Canada researchers  -Daniela Balutel, Christopher Henry, Jorge Vásquez, Marcel Voia – survey people in Canada on what will make them adopt bitcoin: In the last few years, the number of so-called cryptocurrencies—a form of electronic money that allows people to make direct person-to-person transactions—has surged, with more than 740 now available. Among them, Bitcoin […]

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