After presiding over economic decline marked by hyperinflation which brought Zimbabwe to its knees, president Mugabe and his Zimbabwe African National Union – Patriotic Front (ZANU-PF) party have emerged as victors in the recent harmonized elections in Zimbabwe. Mugabe got 61% of the vote and his ZANU-PF party won 158 of the 210 parliament seats, giving it a two-thirds majority in the legislature. In order to understand what this means for Zimbabwe’s future, the Harvard Africa Policy Journal has obtained an exclusive telephone interview with the outgoing member of parliament of the opposition Movement for Democratic Change (MDC) from Bulawayo, Mr. David Coltart.
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Today's release of the August 2025 Personal Consumption Expenditures (PCE) inflation data drew widespread media attention, with coverage highlighting both the persistence of inflation and its implications for Federal Reserve policy. Across outlets, analysts pointed to resilient consumer spending and income growth as signs of underlying economic strength, even as inflation remains above the Fed's 2% target. The consensus among media reports is that while inflation is not worsening, its stubbornness continues to challenge policymakers navigating a softening labor market and evolving rate expectations. To provide deeper insights into inflation's trajectory, I've developed a forecasting framework that combines two econometric approaches — ARIMA time series modeling and Phillips Curve analysis—to predict Core PCE inflation. This analysis presents a unique opportunity to validate my forecasting methodology against eight months of 2025 data. ...
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