Archive

Jefferson - Financial Stability and the U.S. Economy

Financial Stability and the U.S. Economy

de Guindos - Presentation of the ECB Annual Report 2022 to the Committee on Economic and Monetary Affairs of the European Parliament

Introductory remarks by Luis de Guindos, Vice-President of the ECB, at the ECON Committee of the European Parliament

Haskel - What’s driving inflation: wages, profits, or energy prices?

Jonathan explores the roles of wages, profits, and the terms of trade in understanding inflation. Using national income accounting concepts and data, he provides a breakdown of inflation in the UK, US and Euro Area up to the end of 2022. He offers some technical advice on how to interpret the role of capital income, including profits, in national income accounting data. He concludes with some views on UK monetary policy.