The economy, as we all know, is mainly made up of goods and services that people buy and sell. This is an intuitive divide: when you pay for something – whether you are a business, household, or government – it’s either an object...
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“For the first time, we [central bankers] have had to really study [supply chains] carefully” - Chair Powell As we have argued, a substantial portion of post-pandemic inflation...
Journalists can pretty much pre-write their headlines given the spike in oil prices. Year-over-year headline inflation readings are set to make new highs, potentially breaching 8% based on...
