Tag Archives | US Federal Reserve

A Letter to Janet Yellen: Why People Expect Low Inflation

Last month, Janet Yellen, the chairman of the US Federal Reserve ( see picture on the left), admitted in a briefing to the Economic Club of New York that she was baffled by the lack of strong future inflation expectations …

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Butadiene An Extreme Example

By John Richardson

BUTADIENE is an extreme example of what my fellow blogger Paul Hodges described yesterday as happening across several major petrochemicals markets.

Panicky buyers have, just as they did last year, “bought forward” in the hope that by …

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