Painted monetary symbols are seen on a wall in Dublin city centre October 22, 2014.
Image Source: 
REUTERS/Cathal McNaughton
Featured

Joseph E. Gagnon (PIIE)

Important differences in inflation across major economies require radically different policy responses. Demand shocks are driving inflation in the US and UK, calling for tighter monetary and fiscal policies. For Japan, where demand and inflation have declined, continued easy monetary and fiscal policies are appropriate.

The Peterson Institute for International Economics building is open on a limited basis. Employees and visitors must be fully vaccinated, with a booster shot, and verify vaccination records before entering the building by registering with CrowdPass, a HIPAA-compliant web application service.

Photo Credit: 
REUTERS/Cathal McNaughton

Highlighted PIIE Topics