Understanding inflation with textual analysis: How news about commodities improves predictions
Commodity prices have historically been considered leading indicators of inflation, but the relationship has weakened since the mid-1980s, making them less reliable predictors. This column
The post-pandemic disinflation: Low sacrifice, high prices
By some criteria, the post-pandemic disinflation was a triumph for central banks in advanced economies: inflation fell sharply from 40-year highs while unemployment rates remained
US dollar stablecoin mercantilism is an opportunity to promote payment multilateralism and the international role of the euro
The EU and the US have taken starkly different approaches to the regulation of new monies issued using distributed ledger technology. The current US administration
Geopolitical risk in the euro area
Geopolitical risk is a key concern for the euro area, yet most available measures reflect a US perspective. This column introduces a new indicator of
US wealth inequality in 2022: A modest reversal at the top, persistent challenges below
The causes and consequences of income and wealth inequality are central concerns in economic research and policy discussions. This column presents findings from the 2022
New eBook: Trump’s Great Trade Hack
President Trump’s 2025 tariffs mark the onset of the post-American leadership era. This column introduces The Great Trade Hack, a new CEPR Rapid Response book
