Across the Western world over the past year, incumbent political parties have been getting thrashed in elections. Contrary to some of the dominant narrative, this trend is not reflective of a massive ...
Inflation is now a major concern in the financial environment of today. It controls headlines and affects the economy at every level. Although the most obvious sign is increasing prices, the wider ...
This paper investigates why the post-COVID inflation surge, though globally synchronized, led to widely divergent outcomes across countries. Using cross-country regressions for 130 economies and local ...
Before the pandemic, investors worried about how persistently low inflation and interest rates would crimp bank profits. Paradoxically, they also worried about bank profitability when post-COVID ...
Simulations using a Phillips curve-type relationship provide insights into the importance of demand versus supply for inflation over different periods. The decade of low inflation after the Great ...
Just when we thought it was safe to return to the supermarket aisle, it seems inflation has come back to bite us again. Worse, the Reserve Bank of Australia (RBA) predicts it will linger for longer ...