The change in the average U.S. tariff rate in 2025 was the largest in the modern era. One way to assess the effects of such a ...
With inflation a meaningful economic factor after a decades-long hiatus in many countries, households need no tutorial on its impact on their day-to-day spending, as budgets are stretched thin by ...
Investors are once again looking for a Fed "pivot" of sorts away from its breakneck series of rate increases. But analysts at Deutsche Bank, in a Tuesday note, highlighted the historical record ...
George Santayana famously observed that, “Those who cannot remember the past are condemned to repeat it.” But allow me to offer a corollary: Those who misremember ...
The Federal Reserve has battled a variety of economic troubles over the past 35 years. Between tech busts, a financial crisis ...
A historical look at prior inflationary periods (1910s, 1940s, and 1970s) to see what they have to say about the 2020s. An analysis of two very different types of money creation: fiscal-driven ...
David and Carola specifically discuss the history of inflation in the US, the advantages of adopting a nominal GDP targeting regime, what to expect from the Fed’s upcoming framework review, and more.
The concept of transitory inflation was used to describe price gains that were expected to be temporary and not part of a long-term trend. This term has been used in the field of economics and ...
A decade ago, an esteemed professor delivered a lecture upon receiving a university award for a “significant contribution to the learning environment.” After the lecture, he took questions from the ...
The economic uncertainty a tariff shock inspires has historically led to a decline in inflation, according to the report.
Former Treasury Secretary Larry Summers says in a tweet that history is “very discouraging about the prospects of bringing down 8 percent inflation.” The president emeritus of Harvard University adds ...
This week the Federal Reserve raised interest rates by 0.75 percentage point for the third time in six months, in an effort to combat inflation. The move made investors worry more about a recession, ...