Potential Output News Today

U.S. Treasury Secretary Janet Yellen said that finance ministers from Asia-Pacific Economic Cooperation countries on Monday affirmed their desire to expand their economies' potential output in a sustainable manner. "APEC members have affirmed a shared interest in pursuing policies that expand the productive capacity of our economies while also achieving outcomes like reducing inequality and protecting the environment," Yellen said in prepared remarks following a meeting of the mi...

PARIS (Reuters) -Wine production in France is expected to fall 2% this year, with major disparities between regions after some vineyards were severely hit by fungal diseases while good weather in other regions boosted potential output, the French farm ministry said. Total wine production in France is expected to reach nearly 45 million hectolitres this year, within an initial range of 44 million-47 million projected last month, and slightly above the average of the past five harvests, the minis...

Comes to trying to lend credibility to the financial markets. i think to a certain extent that was addressed, and it was a point that simon made very well. it was a point that simon made very well-— it was a point that simon made ve well. ., ~ i. , . very well. thank you very much, we need to _ very well. thank you very much, we need to leave _ very well. thank you very much, we need to leave it _ very well. thank you very much, we need to leave it there. - we need to leave it there. michael h...

Earnings inequality has been increasing. This column uses individual US data to understand the causes of this phenomenon from the late 1990s to the late 2010s. Over 60% of the rise in labour earnings inequality is driven by growing inequality between industries, rather than within industries. Moreover, 30 out of a total of 301 industries account for nearly the entire rise in

Of england. why is that disparity because it partly because we had a rosy prediction pre— pandemic about what potential output was going to be. . , what potential output was going to be. ., , , ., what potential output was going to be. . , , ., ., be. the gap between what we thought was aood be. the gap between what we thought was good happen _ be. the gap between what we thought was good happen now _ be. the gap between what we thought was good happen now is _ be. the gap between what we thou...

From the San Francisco Fed-- this post authored by John Fernald, Huiyu Li, and Mitchell Ochse

Fiscal rules were enshrined in the founding documents of the European Monetary Union. This column presents the latest CfM-CEPR survey, in which the panel of experts on the European economy were nearly unanimous in agreeing that the existing EU fiscal rules require revision. Most panel members would opt for some combination of fiscal councils; more flexible, countercyclical, or

Abstract Using business survey data on German manufacturing firms, this paper provides tests for hypotheses formulated in capital market imperfection theories that predict distributional effects in the transmission mechanism of monetary policy. Effects of monetary policy shocks on the business conditions of firms of several size classes are analysed, with the finding of considerable asymmetry. As predicted by theory, small firms are affected more strongly than large firms. To test whether these...