Though the Biden administration extended remarkable support to Israel after the October 7 attack, disagreements have emerged as the war lingers on. Underlying the policy differences is the bad personal relationship between President Biden and Israeli Prime Minister Benjamin Netanyahu. Itamar Rabinovich breaks down how the U.S.-Israel relationship got to this point.
Why do we dislike inflation? Most Americans strongly dislike inflation and do not believe wage increases come close to offsetting price increases, finds Stefanie Stantcheva. In her contribution to the Brookings Papers on Economic Activity, she outlines survey results on U.S. sentiment about inflation, prices, and other related issues.
What is inflation, and why has it been so high? In a new video for our Election ‘24 initiative, Ben Harris discusses why there is no single culprit for the recent rise in inflation, whether prices will fall now that inflation is slowing, and the Federal Reserve’s target inflation rate.
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