It is no secret that we have been fighting inflation that reached a 40-year high and the Federal Reserve Bank has embarked on a historic interest rate increase to combat inflation. Not only have they ...

Fiscal policy uncertainty (FPU)—ambiguity in government spending and tax plans, as well as in public debt valuation—is widely regarded as a source of economic and financial disruptions. However, ...

Brazil's Central Bank hiked interest rates by 0.25% to 15%, reaching the highest level since 2006. Lula’s expansionary fiscal policies clash with contractionary monetary efforts, fueling inflation.