Tuesday, December 7th, 2010
Unemployment is nearly 10%, the highest in more than a quarter century. Consumer prices, meanwhile, are inching ahead at a pace of barely over 1% a year. And the rate is declining. Nevertheless, Fed chairman Ben Bernanke’s plan to buy … Continue reading →
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Eduardo Porter writes about business, economics, and many other matters as a member of the New York Times editorial board. He has also worked as a journalist in Mexico City, Tokyo, London, São Paulo, and Los Angeles. He was the editor of the Brazilian edition of América Economía and covered the Hispanic population of the United States for The Wall Street Journal. He lives in New York.