Europe’s recent energy crisis generated large windfall rents for electricity producers. Yet, most EU governments responded with costly downstream measures that left wholesale prices –
Artificial intelligence tools can now produce highly realistic text, images, and videos at almost no cost, prompting concerns that the proliferation of fabricated content may
The 2025 US tariff increases varied significantly across most economies. This column argues that the economic impact of these tariffs will also not be uniform.
While the inflation expectations of professional forecasters and firms are well anchored around inflation targets, the inflation expectations of citizens tend to be widely dispersed.