As inflation becomes a structural feature of global markets, investors need tools that defend against both realized and anticipated price pressures. Gold and TIPS offer complementary inflation ...

This paper reviews the drivers of the post-pandemic U.S. inflation surge and subsequent decline, including the behavior and role of inflation expectations. The sharp rise in inflation reflected severe ...

This paper studies the macroeconomic consequences of undermining central bank independence through politically motivated transitions of central bank governors. Leveraging a new panel dataset covering ...

International inflation-linked securities (ILS) have reemerged as an opportune and distinct fixed income sector, often overlooked in global allocation discussions. Decoupling central bank policies, ...