Inflation Still MIA

(1) Central bankers are overdue to have second thoughts. (2) A heretical idea. (3) Three non-monetary drivers of inflation. (4) CPIs in Eurozone and Japan are comatose. (5) Volcker’s lesson. (6) Good old days for Phillips Curve. (7) Output gap, demand-pull, cost-push, and Janet Yellen. (8) Subdued wage inflation continues to surprise Fed officials. (9) Why aren’t consumers happier given record real incomes and consumption per household? (10) Low investment returns depressing consumers and boosting their saving.