Gold bounces from two-week low, markets await US inflation data

Gold bounces from two-week low, markets await US inflation data. Gold ticked higher on Tuesday ‌after hitting a two-week low, while focus was on the

When trust in official statistics declines

Trust in official economic statistics has become an increasingly salient policy issue, including in the US where the Commissioner of the Bureau of Labor Statistics

Market-implied inflation expectations during the Iran shock

Real-time assessments of inflation expectations can be valuable for assessing the inflation outlook. This column decomposes inflation swaps for the US, UK, and euro area

25% inflation, 50 years on

UK CPI inflation in 1975 reached 25%, a period now known as the ‘Great Inflation’. This column uses a range of empirical and narrative evidence

Measurement errors and missing inflation persistence before World War I

Economic historians widely acknowledge that historical price data are measured with error. This column collects pre-WWI inflation data from 15 countries and uses instrumental variables