For the past two years, inflation has been public enemy number one. Enormous demand late in the pandemic fueled by vast amounts of cash handed out to citizens. The FOMC raised our policy interest rate by 25 basis points. And across much of America's upper Midwest, ice fishing is a beloved winter pastime. But technology and climate change threaten its future.
Markets seem to think the worst is over; central bankers are not so sure. We ask why determining the trajectory of inflation is so difficult. Millions of refugees have poured out of Ukraine since the war began; their uncertain futures make setting up home tricky—for them and their host countries’ governments. And how technology is transforming the sport of ice fishing.
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