Determining the drivers of inflation in real time is a central challenge for central banks. This column introduces a new financial markets-based model to identify
Generative AI is being adopted more rapidly than previous digital technologies and has the potential to deliver meaningful productivity gains in professional tasks, raising concerns
Swedish authorities and international organisations such as the European Commission and the European Systemic Risk Board (ESRB) commenting on Swedish economic policy regularly claim that
The 2022 global inflation surge tested inflation-targeting frameworks under severe supply shocks. This column shows that, despite earlier and sharper tightening, inflation targeting central banks
Over the last several decades, the offshore activities of multinational enterprises (MNEs) have increased as a result of technological progress, including new information and communication
While the Trump administration has offered multiple justifications for imposing tariffs, none has been as prominently cited as the goal of reducing trade deficits. This
China’s Belt and Road Initiative (BRI) was launched in 2013, first aiming at the development of transport infrastructure between China and the rest of the
In a world of interconnected financial markets, policymakers and regulators face the complex task of identifying and addressing risks before they escalate into crises. The
Globalisation has lifted hundreds of millions of people out of poverty and made consumer goods dramatically cheaper in rich countries. However, it has also generated