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Catching Up on Climate Risk Research

…of Massachusetts, Amherst find that energy prices, and specifically oil and gas prices, demonstrate significant pass-through to drive prices up in all other sectors in the economy—including those traditionally counted…

The 0.5% Reduction of the Federal Funds Rate

…that current price setting decisions depend on expected medium future price changes by competitors and suppliers. Firms and workers typically set wages for a while (3 years in formal contracts)….