Many nations’ economies are bouncing back from COVID-19, putting upward pressure on prices. The jury’s out on whether inflation is back to haunt us. Signs advertising jobs in Harmony, Pennsylvania, 21 May 2020. Increased economic growth in some economies...
Inflation can be a challenging topic to understand. What exactly is it, why is it important and is it really all that bad? Correspondent Sarah Edmonds brings her economics expertise to this decoder that unpacks the link between the prices of goods and services and the value of your money, and shows how consumer expectations as economies rebound could lead to an inflationary spiral.
Exercise: Ask students to compare the average price of goods in their city, such as food, gas or a new car, with average local wages since the pandemic began in March 2020. How have they changed (or not)?
The gap between rich and poor in many nations is widening. But stock markets are not the culprit. Here’s what can be done to curb economic inequality. Demonstrators call for a $15 per hour minimum wage in the United States, Washington, DC, 19 May 2021. (AP...
Power-hungry politicians are piling pressure on central banks to do their bidding. But short-term meddling only erodes long-term stability. U.S. President Donald Trump (R) with Federal Reserve Board Chairman Jerome Powell, Washington, 2 November 2017 (AP Photo/Pablo...
Should central banks actively fight climate change? A UK non-profit disagrees with News-Decoder correspondents and says “absolutely!” Demonstrators in front of the European Central Bank, Frankfurt, Germany, 24 May 2019 (EPA-EFE/Armando Babani) In this...
Central banks have clout. Why not fight climate change by steering private banks away from fossil fuels? News-Decoder writers tackle the question. Students demonstrate against climate change in front of the European Central Bank, Frankfurt, Germany, 24 May 2019...