The Iran war is starting to show up in the U.S. economy in ways both obvious and not so much.
IMFBlog is a forum for the views of the International Monetary Fund (IMF) staff and officials on pressing economic and policy ...
Discover how tariffs have influenced core goods prices and inflation, based on Federal Reserve analysis, and understand their ...
In 2025, the U.S. raised average tariff duties from 2.4% to 9.6%, bringing protectionism to its highest level in eighty years. We explore the structure of these tariffs, estimate their short-run ...
Learn about purchasing power, its effect on currency value, and how inflation influences what one unit of money can buy.