Tag Archives: inflation

Barrick Museum of Art Reveals Fall 2018 Exhibition “” Festivity Inflation”” Oct. 12

Tamar Ettun: Festivity Inflation

Exhibit Dates: Oct. 12 – Dec. 15

Opening Reception: Performance and ArtWalk 5- 9 p.m. Oct. 12, UNLV Marjorie Barrick Museum of Art

The Marjorie Barrick Museum of Art is pleased to provide the culmination of a multiyear international art tetralogy by Tamar Ettun.

Festivity Inflation merges different areas of the artist’s practice in a complex examination of injury, healing, and radical empathy.

On view in the museum’s East Gallery from Oct. 12 to Dec. 15, this solo exhibition consists of a number of parts. At the center, there is an intimate compartment including a setup of interactive audio work. It is surrounded by mixed media sculptures, a choice of speculative videos, and 4 inflatable room-sized environments where visitors will be enveloped by a climate of brilliant color. Influenced by the avant-garde individualism of mid-twentieth century art motions such as Fluxus and Gutai, Ettun asks us to check out the experience of play. Playfulness, in the context of her work, uses us a possibility to process our engagement with the world. The selection of artist videos includes work by Alika Cooper, Cheryl Donegan, Trulee Hall, Joan Jonas, and Jen Liu.

Tina Wang, a very long time collaborator and “mover” from Ettun’s New York performance ensemble, The Moving Business, will visit Las Vegas to collaborate with regional dancers in a live improvisation of ritual-like actions that link personal vocabularies of object-oriented movement with the generation of an unique neighborhood. Motion is important to Ettun’s work. Even her still sculptures have been constructed so that they appear to gesture like bodies. Made from cloth and discovered objects, they experience the space of the gallery with an aura of vulnerable personhood. That atmosphere of vulnerability extends into the snug main location of the exhibition where a video shows us how interactions with soda bottles, sardine tins, and other commodities can end up being primal expressions of alarm and desire. Flights of paratroopers in another video invert their encounter with the sky and float back into their airplanes.

The question of negotiating a world where we are exposed to both discomfort and joy has played a consistent role in Ettun’s career. The human potential for transformation through compassion has actually absorbed her considering that her training in Israel where she lived with 2 siblings struggling with cystic fibrosis and eventually experienced the numbing effect of institutional brutality when she was conscripted into a military parachute routine as a young adult.

“I observed closely how handling injury and PTSD increases rigidness and closes down communication, as discussion requires a versatile position and consists of the prospective to alter and be changed by another individual,” she says. “This individual experience resulted in a few of the themes of my practice today– for instance, my resistance to basic binaries of right and incorrect, which I experience through the fluidity of play and the senses.” The transformation of parachute fabric from a vehicle for martial hostility into the soft, intense walls of her inflatable rooms typifies the alchemy she produces. Her structured areas reveal the human spirit through simple materials such as material, inflated air, tape, stitches, ropes, and wood.

Each previous iteration of the tetralogy has actually found brand-new methods to draw connections in between color and emotion, dividing the task into blue/empathy, yellow/desire, pink/aggression, and orange/joy. Festivity Inflation brings all four aspects together for the first time, introducing Las Vegas and the western United States to the world of Tamar Ettun at a turning point in her career.

The title for the exhibit is influenced by On Orange, a poem by Rose McLarney. This project is funded in part by a grant from the Nevada Arts Council, a state company, and the National Endowment for the Arts, a federal company.

Ettun is a sculptor and a performance artist based in Brooklyn, New York City. She has actually had exhibits and performances at Art Omi Sculpture Garden, the Watermill Center, e-flux, Sculpture Center, Knockdown Center, Madison Square Park, Bryant Park, Socrates Sculpture Park, Indianapolis Museum of Art, the Jewish Museum, Uppsala Art Museum, Fridman Gallery, Braverman Gallery, PERFORMA 09, 11 and 13, to name a few. She got awards and fellowships from the Pollock Krasner Structure, Franklin Heater, Macdowell Fellowship, Marble Home Job, RECESS, the Lower Manhattan Cultural Council, Art Production Fund, and Iaspis. Ettun founded the Moving Company, an artist’s collective developing efficiencies in public spaces and a social engagement job with Brooklyn teens hosted by the Brooklyn Museum. Ettun got her MFA from Yale University in 2010 where she was granted the Alice English Kimball Fellowship. She studied at Cooper Union in 2007, while earning her BFA from Bezalel Academy, Jerusalem. She teaches at Columbia University’s School of Arts, Lehman College, and the New School Parsons School of Design. ORANGE, the final performance of the tetralogy, will premiere at Leader Works in 2019.

Is inflation increasing as financiers fear? 5 ways to keep track

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LM Otero/ AP In this Sept. 24, 2013, file photo, simply cut stacks of $100 bills make their way down the line at the Bureau of Inscription and Printing Western Currency Center in Fort Worth, Texas.

Tuesday, Feb. 13, 2018|2:30 p.m.

WASHINGTON– After almost a years of being all but undetectable, inflation– or the worry of it– is back.

Tentative signs have emerged that rates might accelerate in coming months. Pay raises might be getting a bit. Commodities such as oil and aluminum have actually grown more pricey. Cellular phone strategies are likely to appear costlier.

The specter of high inflation has actually spooked many investors, who fret it would require up rate of interest, making it more expensive for customers and services to borrow and weighing down corporate revenues and ultimately the economy. Historically, worry of high inflation has led the Federal Reserve to step up its short-term rates of interest boosts.

It’s a huge factor investors have actually disposed stocks and bonds in the past two weeks.

Yet for all the market chaos, inflation in the meantime stays rather low: Rates, omitting the volatile food and energy categories, have actually increased simply 1.7 percent in the past year. That’s below the Fed’s target of 2 percent annual inflation.

Most financial experts expect inflation to edge up and end the year a couple of tenths of a percentage point above the Fed’s target. However most predict only very little impact on the economy.

” I do not believe that’s a huge catastrophe,” stated Mark Vitner, an economist at Wells Fargo Securities.

Inflation, though, is tough to forecast. One commonly followed gauge is the federal government’s regular monthly report on customer rate inflation. The January CPI report will come out Wednesday.

Here are some ways to track the direction of inflation in the coming months:

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HOW MUCH DOES YOUR CELLULAR PHONE STRATEGY COST?

Roughly a year back, significant cordless carriers like Verizon and AT&T began using limitless cordless information strategies. This enabled their customers to watch more video, stream more music and trade more photos. It likewise lowered inflation.

That’s since federal government statisticians don’t simply evaluate rate modifications when they calculate inflation. They also aim to measure what consumers really receive for exactly what they pay. Because unlimited data plans are a better deal, they in effect reduced the general cost of cordless phone services. Numerous economic experts mentioned this as a factor inflation slowed last year even as the joblessness rate fell.

Still, the cellphone plans were a one-time modification. In March, their impact will pass from the federal government’s year-over-year inflation calculations. A lot of analysts expect this modification to improve that month’s inflation estimate.

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Just How Much WILL PAYCHECKS RISE?

There are enticing early signs that lots of companies, facing low joblessness and a shortage of workers, are finally raising pay to attract and keep more employees. Typical per hour pay rose 2.9 percent in January from a year previously, the sharpest year-over-year increase in 8 years. A separate quarterly step from the Labor Department revealed that incomes and incomes in the final three months of last year grew at the fastest pace in almost three years.

In theory, greater pay can result in inflation: Companies raise prices to offset their greater wage bill.

However it does not constantly work that way. Pay climbed up at a 4 percent yearly clip in the late 1990s, for example, and yet core inflation hardly rose. It edged approximately about 2.6 percent from 2.3 percent.

Business can decide to eat the additional cost and report lower profits. They might likewise use the proceeds from in 2015’s tax cut to pay greater wages even while keeping rates in check.

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HOW PLENTIFUL ARE WORKERS?

Another element that may keep earnings low and limit inflation is that plenty of employees are still readily available overseas. Business might move work abroad if pay gets expensive.

And there might be more individuals in the United States readily available to fill jobs than the low 4.1 percent joblessness rate would suggest. The percentage of Americans who have jobs still hasn’t returned to its pre-recession peak.

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WHAT DO CONSUMERS ANTICIPATE?

Whether consumers anticipate inflation to speed up or remain the same can become a self-fulfilling prediction. Once consumers’ inflation expectations pick up, they typically require higher pay, which can lead business to raise rates to cover the expenses.

That makes expectations of inflation an important gauge to enjoy. But such expectations have actually changed bit this year, which might keep inflation in check.

According to the Federal Reserve Bank of New York, customers believe inflation will have to do with 2.7 percent a year from now. Last April, customers expected inflation to be 2.8 percent in a year.

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WHAT DOES IT COST? ARE YOU PAYING IN RENT?

As millennials flooded cities and delayed house purchases, leas soared from Seattle to New York City. Yet builders likewise constructed thousands of new high-rises. And there are indications that leas are leveling off. More youths are also starting to purchase houses, which decreases need for rental apartments.

This could help lower inflation over time. In December, rents rose 3.7 percent from a year earlier. While that’s faster than incomes are increasing– squeezing many occupants– it is still below the current peak of 4 percent, reached in December 2016. That was the greatest in nearly a decade.

Yellen sounds upbeat note on economy and inflation prospects

Sunday, Oct. 15, 2017|7:32 a.m.

WASHINGTON– Federal Reserve Chair Janet Yellen on Sunday sketched a brilliant outlook for the United States economy and for inflation potential customers in coming months, saying the effect of the current typhoons will likely slow economic development a little but only momentarily and should be followed by a rebound by year’s end.

Speaking with a global banking workshop, Yellen acknowledged that the determination of undesirably low inflation this year has been a surprise. But she stated she anticipated inflation to start picking up as the effects of short-lived aspects, such as falling rates for consumer cellular phone service, start to fade.

The Fed chair’s remarks recommended that the reserve bank will quickly resume raising rate of interest to reflect the strengthening economy. A lot of economists predict the next rate hike– the third this year– being available in December.

“Economic activity in the United States has been growing moderately up until now this year, and the labor market has actually continued to reinforce,” Yellen said in a speech to a panel that included central bank authorities from China, Japan and the European Reserve bank.

Of the typhoons that struck Texas, Florida, Puerto Rico and the Caribbean, Yellen kept in mind that they caused enormous damage. However she added:

“While the effects of the typhoons on the U.S. economy are rather noticeable in the short-term, history suggests that the longer-term impacts will be modest and that aggregate financial activity will recover quickly.”

Yellen stated that the economy’s growth, as determined by the gdp, might have slowed a little in the July-September quarter as a repercussion of the hurricanes but that development is most likely rebounding in the existing quarter.

The Fed chair’s speech Sunday followed the reserve bank’s decision at its meeting last month to leave its benchmark short-term rate the same in a variety of 1 percent to 1.25 percent. At the exact same time, the Fed announced that it would start parings its massive portfolio of bonds, which it had generated after the 2008 financial crisis in an effort to hold down long-term loan rates for customers and organisations. The transfer to let its balance sheet slowly shrink might imply higher rates on home loans and other loans in time.

The Fed’s choice to leave its key policy rate unchanged had actually been expected given the unpredictability it has actually dealt with over constantly low inflation. Fed officials twice raised rates earlier this year however have actually because left them alone as they have actually aimed to figure out whether the downturn in inflation has actually been because of momentary factors or whether something essential is keeping inflation regularly below the Fed’s target level.

The Fed looks for to manage rate of interest to achieve steady costs, which it defines as yearly inflation of 2 percent. At the start of the year, Fed authorities had thought they were lastly on the edge of achieving that target. However inflation began slowing after February. Chronically low inflation can depress financial growth because customers typically delay purchases when they believe prices will remain the very same or perhaps decline.

Most economic experts still think the Fed will raise rates once again in December, to show the strong job market and a steadily resilient U.S. economy. Others have raised the possibility that the Fed will hold back on any more rate boost unless they see evidence of a pickup in inflation

Yellen’s appearance Sunday comes as her future at the reserve bank is in doubt, with her four-year term as chair ending in February. President Donald Trump has been considering several prospects for the post, in addition to the possibility of offering Yellen a second term. The other prospects include Jerome Powell, a member of the Fed’s board; Kevin Warsh, a former member of the board; John Taylor, a Stanford University financial expert; and Gary Cohn, head of the president’s National Economic Council.

Last week, administration authorities stated Trump is most likely to reveal his decision with a month.