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US PCE price index shows zero monthly inflation in May

US PCE price index showed 0% monthly inflation in May, bolstering market narrative that consumption sentiment has weakened in Q2 and helped easing inflationary pressure in the US economy.

US PCE inflation slows further in March with looming recession concern

US PCE price index decelerated further in March with the year over year rate dropped to merely 4.2%, down from 5.1% in February.

Global Economy

Interviews

Integrating Psychology with Economics | Q&A with Hersh Shefrin & Shlomo Benartzi

In celebration of Richard Thaler's prize lecture for his 2017 Nobel prize, we interviewed two of his best co-authors -- Hersh Shefrin and Shlomo Benartzi -- to discuss the future of behavioral economics.