Inflation Fixation

‘We must build our hard power because that is the currency of the age,’ Keir Starmer declared to the Munich Security Conference earlier this month. It’s a sentiment shared across Europe, where leaders have cited Russia’s invasion of Ukraine, the rise of Chinese power and US insta ...  Show more

‘Information in the early modern world could move no faster than the bodies that carried it,’ John Gallagher wrote recently in the LRB. For a horse and rider, that was just under fifteen kilometres per hour. Yet postal systems, as pioneered by the enterprising Tassis family, were ...  Show more

Co-host Janet Bush talks with Stephen King. King is a senior economic advisor to HSBC, having served as the bank’s group chief economist from 1998 to 2015. His latest book, very prescient in timing, is <a href="https://yalebooks.co.uk/book/9780300270471/we-need-to-talk-abo ...

What is causing the rise in inflation we are seeing at the moment? And which trends could have an impact on prices in the future? In this episode of The ECB Podcast, our host Katie Ranger looks for answers to these questions in the discussions held at the 2021 ECB Forum on Centra ...  Show more

Fresh data from the U.S. government on Wednesday showed that inflation was still climbing at a rapid pace, prompting President Biden to say that controlling the rising prices was his “top domestic priority.”

But not everybody experiences inflation equally. Why is that?</ ...

If the Fed had a mantra to go along with its mandate, it might well be "two percent." We look into how that became the target inflation rate, why some economists are calling for a change and how the inflation rate becomes unanchored.Subscribe to Planet Money+ in Apple Podcasts or ...  Show more