A Monetary Explanation of the Commodities Rout
Commodity prices have fallen dramatically over the past two years. Figure 1 shows the IMF’s commodity price indices for fuels, metals and agricultual raw materials.
Figure 1: IMF Commodity Price Indices for Fuels, Metals, and Agricultural Raw Materials.
A popular explanation for the commodities rout is the slowdown in China, and more generally, the slowd…
Keep reading with a 7-day free trial
Subscribe to Policy Tensor to keep reading this post and get 7 days of free access to the full post archives.