Inflation is low, but still positive. There have been a number of forecasts saying that inflation will stay low for some time--seems like Austrian economists haven't been listening, though.
Robert Waldmann on modern macro.
Sumner on monetary policy. Could the Fed have acted better? Sumner is sometimes wordy, but always worth a read.
A bit on wages from the San Francisco Fed. Wage growth has been stagnating. Hopefully the rise in productivity will turn that around?