Callum Williams, a Senior economics writer at The Economist and an expert in inflation, delves into the complexities of inflation management. He discusses the conflicting views between market optimism and central bankers' caution, emphasizing how persistent inflation pressures make forecasting challenging. The conversation also touches on the plight of Ukrainian refugees adjusting to life in Europe, highlighting integration difficulties. Lastly, they explore how technology is reshaping the traditional winter pastime of ice fishing in Minnesota.
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.