Economic disturbances are not confined within the country where they originate; they propagate throughout that country's trading network as both its immediate trading partners and trading partners of trading partners react.

A key concern about the Biden administration's debt forgiveness program is its inflationary impact. This post provides a back-of-the-envelope calculation of this impact, based on a specific view of the federal budget and how it interacts with monetary and fiscal policies.

The impact of the recent rise in prices on households and how people perceive future price increases may vary according to income, according to recent research.

A recent analysis shows significantly higher inflation in rural areas versus urban areas, using data from nine broad census divisions. But does this difference in price levels hold true drilling down to the state level?