Economic Brief
Global interconnectedness has been present for decades, as seen by how countries' GDP growth and inflation tend to move together.
In 2024, a significant number (12 percent) of 16-24 year olds were classified as "NEET" (not in employment, education or training).
An "impact factor" may help estimate how tariffs affect the cost of intermediate inputs used in production.
Once lauded as a model of fiscal discipline, Germany's debt brake now stands at the center of a growing debate over its broader economic consequences.
Situations where tariffs provide overall benefits are theoretically possible but appear to be practically limited.
Viewing the rise in inflation through a single perspective may mean missing part of the picture.
Literature suggests much of the decline may be a response to the changing needs of both households and firms.
A new measure suggests reserve balances are more distributed than originally thought.
Firms may source inputs from a variety of suppliers to help avoid weather disrupting their supply chains.
Announcements regarding AI can have significant impact on the economy, even if the actual technology isn't enacted for a while.