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December 13, 2021

Supply Chains
What Happened to Supply Chains in 2021?

Pandemic-related disruptions threw a wrench into global supply chains this year, causing shortages of goods. Here’s how it happened.   

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.

November 8, 2023

China
Can a Summit Ease U.S.-China Tensions?

On the sidelines of the Asia-Pacific Economic Cooperation summit, a rare in-person meeting between U.S. President Joe Biden and Chinese President Xi Jinping will provide an opportunity to put a range…

U.S. President Joe Biden shakes hands with Chinese President Xi Jinping at the G20 summit in Bali, Indonesia, in 2022.

August 16, 2023

United States
Does Fitch’s Downgrade of U.S. Debt Really Matter?

The ratings agency’s decision will have no consequences for the U.S. dollar’s global role, but it highlights the country’s darkening fiscal outlook and governance challenges.

A woman walks past a currency exchange office in Moscow.

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.

December 13, 2023

Trade
South America Can Still Save Its Trading Bloc

Stalemate over a trade deal with the European Union has left Mercosur on life support. Its revival depends on spurring greater intraregional trade.

Brazil’s President Luiz Inácio Lula da Silva attends the 63rd Summit of Heads of State of Mercosur and Associated States, at the Museum of Tomorrow in Rio de Janeiro, Brazil, December 7, 2023.

June 7, 2023

Israel
Israel at 75

Israel at 75 is facing fundamental choices about its identity. 

People walk past a waving Israeli flag as the sun on May 25, 2023 in Tel Aviv, Israel.