Tag Archives: banks

Currency Holdings Show Fear is Subsiding

I wrote a few days ago that the amount of currency held by the public is a very good measure of the public’s level of fear about the stability of the banks and financial system. The numbers are produced weekly … Continue reading

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Chart Story. Prices are Falling-So Why are Interest Rates Rising?

Last week we had reports on both producer prices (PPI) and consumer prices (CPI) for April. The headlines were about flat and falling prices. So why are interest rates going up? April PPI showed finished goods up 0.3%, 0.1% ex … Continue reading

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