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The Bank of Japan may achieve its inflation target in 2023 as the cost of living has consistently exceeded market expectations this year, according to Takatoshi Ito.
Jason Bordoff on Europe blaming the US for its energy issues: "It is understandable that Europeans are worried about a wave of deindustrialization. But the culprit is Europe’s lack of competitiveness without cheap Russian gas, not America’s new climate law."
Jacob J. Lew writes about providing more funding for the IRS, "With sufficient base annual funding, the IRS can enforce our tax laws, deliver benefits to small businesses and provide fast, efficient service to all Americans."
Rajan Menon, senior researcher at the Saltzman Institute of War and Peace Studies, writes about Ukraine’s current biggest problem: "coping with the destruction Russia’s attacks wreak on its economy."
Jason Bordoff comments on the fossil fuel industry making a rebound, "There is this desire to make sure new hydrocarbon infrastructure is transition-ready to handle other fuels...I don’t think we’ve kicked the tires enough to make sure that is proven reality and not hype.”
On 'America's Landmark Climate Law' — Jason Bordoff argues that the Inflation Reduction Act must spur virtuous competition, not vicious protectionism.