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As of early February 2022, the breakeven rate of five-year consumer price index (CPI) inflation five years from now in the US bond market was around 2% per year, a figure which corresponds to a chain-weighted personal consumption expenditure (PCE) inflation forecast of 1.6% per year within 5 to 10 years. With inflation of 1.6% falling well below the US Federal Reserve's 2% target, I entered that month feeling pretty good about being on the "Transitional Team," or at least the "Team the Fed understood things” or in the “Team inflation expectations remain solidly anchored”. But then, later that month,…

In 2022 in Colombia, according to the Superintendence of Notaries and Registry, 20,284 couples divorced. This process not only implies emotional consequences, but also economic ones. When a civil marriage is contracted and both parties want to end it, it can be done from a Notary with a deed called divorce. But, when it was celebrated by the Catholic Church or by another religion recognized by the State, divorce is called cessation of the civil effects of religious marriage, and it is also done in a Notary.According to 'Notary 19', this process does not have an exact value and depends…

On February 3rd it became known that Flor Esther Salazar, who held the Vice Ministry of Labor and Pensions, presented her letter to the Minister of Labor, Gloria Inés Ramírez. Initially, he spoke through his account Twitterin which he wrote: "I am waiting to be able to speak with the president who I have had and I appreciate all the trust", because the information was leaked in the media.(Also read: Why did you resign as vice minister of labor? Minister Gloria Inés Ramírez responds) After this, it was learned that the vice minister handed over to Ramírez a letter stating…

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