Prices of commodities including metals, energy, and food have been rising at double-digit rates in recent months. Some … to lower commodity prices even as long-term interest rates and the value of the dollar declined. …

than half reflected the actual costs of Chinese imports. The rest went to U.S. businesses and workers transporting, selling …. This suggests that Chinese inflation will have little direct effect on U.S. consumer prices. …

Real estate prices in a local market can be driven by an identifiable group of purchasers. In Hawaii, residents of both … the U.S. mainland and Japan have been significant purchasers of homes. An analysis suggests that house prices in Hawaii … economy” in the late 1980s and immediately thereafter, house prices in Hawaii were driven primarily by demand from Japan. …

Why are the prices of stocks and other assets so volatile? Efficient capital markets theory implies that stock prices …

of house prices. A feature of all bubbles is the emergence of seemingly plausible fundamental arguments that attempt to … justify the dramatic run-up in prices. Comparing the U.S. housing boom of the mid-2000s with ongoing Norwegian housing market … evidence on expectations about house prices can be useful for diagnosing a bubble. …

Commodity prices have soared several times in recent years, raising concerns that overall inflation could rise … categories. When the contribution of these commodities is subtracted from overall inflation, the resulting pattern is remarkably … similar to that of core inflation, which excludes food and energy prices. …