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Industry robots will lift productivity and inequality

Location:

INT

In 2021, the last year for which data are available, a record 517,000 robots were installed in manufacturing facilities globally. A new study focusing on the United States finds…

Varying economic performance metrics muddy the outlook

Location:

UNITED STATES

Estimates of income rather than output, of household rather than firms' employment, and of real rather than nominal wages often diverge, but the gap has widened since the…

Oil price moves have limited impact on wider inflation

Location:

INTERNATIONAL

In reality, the oil price has less influence on inflationary trends and expectations today than in earlier decades, partly because central banks have greater credibility and…