The benefits of a U.S.-EU trade agreement, public opinion on loan forgiveness, and why inflation has persisted and where it is going.
Understanding US inflation during the COVID era “If either the labor market doesn’t behave, or expectations don’t behave, the small increase in unemployment the Fed projects won’t be enough. Either inflation will stay substantially higher, or we will have higher unemployment and a substantial economic slowdown.” In their contribution for the Brookings Papers on Economic Activity (BPEA), Laurence Ball, Daniel Leigh, and Prachi Mishra analyze why the pandemic-related surge in inflation has persisted and where inflation might be heading. Read more Join us today and tomorrow for in-depth discussions on the fall 2022 edition of BPEA. Expert panels will cover issues such as inflation, household spending during the pandemic, and the strength of the dollar. | The conclusions and recommendations of any Brookings publication are solely those of its author(s), and do not reflect the views of the Institution, its management, or its other scholars. | |