Good morning. Will wage growth boost inflation, anyway?
https://www.frbsf.org/economic-research/publications/fedviews/2018/april/april-12-2018/

FT: “Government bond market sell-off accelerates”

https://www.ft.com/content/19041ab6-4402-11e8-803a-295c97e6fd0b

China’s attempt to get its currency a big push

https://www.cfr.org/blog/chinas-currency-internationalization-failing-oil-futures-wont-rescue-it

Rising spreads signal…. What exactly?

https://www.economist.com/news/finance-and-economics/21740742-financial-conditions-america-are-finally-tightening-indicators-signal

For the record

https://qz.com/1256620/europe-migration-data-2017-germany-granted-the-most-positive-asylum-decisions-in-the-eu/

“Economists still lack a proper understanding of business cycles”

https://www.economist.com/news/finance-and-economics/21740730-second-our-series-shortcomings-economics-profession-economists

A complete overview of all previous editions of Best of the Web can be found here http://tinyurl.com/c8ge4c5. All links provided are collected from public websites, unless otherwise specified. I have not checked the data or information for accuracy used, and therefore do not guarantee that all data provided will be 100% correct. The links provided do not necessarily reflect my personal opinion and should be seen as general interest: oftentimes I do not agree with arguments presented, but nevertheless think it is worthwhile to read them. It is up to the reader to make up their own mind. Suggestions or discussions are more than welcome. Do not quote unless specifically cleared beforehand!