"Rising inflation rates due to supply-side factors – COVID-19, Ukraine and supply chain shortages – make countering inflation difficult for the central bank."

"Kenneth Rogoff predicts further waves of supply and demand shocks in global oil and gas markets."

"Michael Spence explains how economies can rein in accelerating price growth without tipping into recession."

>"Anne O. Krueger thinks the Biden administration has completely missed the mark with its response to rising consumer prices."

>"Jean Pisani-Ferry highlights three reasons for the current policy confusion among governments and _...Read More_

>"Koichi Hamada frames an answer by examining the various mechanisms that have pushed up consumer price indices."

"Jason Furman emphasizes that all the stories about supply shortages cannot explain the economic big picture."

"John H. Cochrane shows how the return of inflation is forcing pundits and policymakers to abandon wishful thinking."

>"In long-awaited elections, workers in two US warehouses will decide whether they want union representation at the ecommerce company."

"Jayati Ghosh argues that rich-country governments could do much more to make agricultural commodities less expensive." >"Food-price inflation has more complex causes than other price increases, and addressing it effectively requires a _...Read More_

>"The U.S. trade deficit widened to $80.2 billion in November, close to a record high, due to strong demand and an easing of supply-chain issues."

>"Fighting inflation does not require giving up against COVID-19: It requires doubling down on the fight."

"Demand for oil is set to be lower than expected next year, the IEA has said, as the world braces for a fresh surge in Covid-19 cases."

"Hans-Werner Sinn thinks recent inflation data spell the end of the good life financed by the euro system’s printing press."

Firms on both sides of the Atlantic reported robust demand in November that, combined with persistent shortages of parts and labor, has led to record price increases.