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December 13, 2023

Trade
Visualizing 2024: Trends to Watch

What trends will shape world events in the year ahead? Five CFR experts weigh in.

May 26, 2022

United States
What the Korean War Era Reveals About the Fed’s Inflation Dilemma

High inflation during the 1950s shared many similarities to today’s rising prices, including a supply crunch due to a national emergency.

A customer shops at a store in New York City in May 2022 as annual inflation surpasses 8 percent.

January 7, 2022

Monetary Policy
Inflation: Learning the Proper Lessons From History

Higher inflation has led to calls for price controls and a reexamination of the relationship between inflation and employment. History offers some helpful lessons.

Prices are seen displayed at a BP gas station in New York City in November 2021.

January 22, 2024

Trade
The Curse of Nostalgia: Industrial Policy in the United States

A critical look at the past and present of industrial policy shows that its recent popularity is not only misguided, but is likely to have negative economic and geopolitical consequences for the Unit…

President Joe Biden signs the Inflation Reduction Act in the State Dining Room of the White House in Washington on August 16, 2022.

December 13, 2023

Climate Change
Did the COP28 Summit Give a Boost to Renewable Energy Plans?

Leaders at the UN climate meeting in Dubai signaled a crucial pivot away from fossil fuel use, but significant hurdles remain for a speedy transition to emission-free energy.

An employee connects solar cells at a manufacturing plant in Oragadam, in the south Indian state of Tamil Nadu. Currently, Coal powers 70 percent of India’s electricity generation.

October 18, 2018

Saudi Arabia
Can the Oil Threat Spare Saudi Arabia From America’s Wrath?

Threatening a price hike might work in the short term, but it would come with serious costs to the kingdom’s reputation as a moderating influence on oil markets.

Saudi Arabia's Energy Minister Khalid al-Falih