What is the cost of lower inflation?

Last year, around 4000 federal officers were deployed in Minneapolis in a major immigration crackdown.Local firms say the resulting upheaval and protests didn’t just disrupt local people’s lives, they also damaged the economy. But has the anti-immigration drive had a similar impa ...  Show more

We explore the potential and the challenges for Arctic shipping. As global warming causes sea ice to retreat, passages are opening up through this vast frozen Arctic Ocean. We explore what these routes are, who’s using them, and examine the players with big ambitions to develop t ...  Show more

What is inflation, why does it matter, and is someone to blame if it goes up? Understanding inflation will help you understand why your shopping is getting more and more expensive and why prices rarely seem to come down. Tim Harford explains why the inflation figure you see on th ...  Show more

In economics, there tends to be two dominant ways of thinking about inflation. Either you agree with Milton Friedman, who described inflation as always and everywhere a monetary phenomenon (the result of too much money printing). Or you're more of a New Keynesian who thinks that ...  Show more

Despite the Prime Minister's pledge to halve inflation by the end of the year it's the Bank of England's job to deliver on that. Why is it struggling and what happens if it fails?Britain's facing an inflation crisis. Core inflation - which measures underlying inflation and disreg ...  Show more

The Senate just passed the Inflation Reduction Act which seeks to fight inflation on a variety of fronts, but the most pressing question is, will the IRA actually impact inflation?

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Michael Zezas: Welcome t ...