Amid declining real wages, accumulating household debt and the looming prospect of recession, the problem of inflation is now firmly in the arena of US partisan politics. It is yet another issue defined by clear political divisions between Democrats and Republicans. And like many other partisan conflicts, a politically motivated understanding of inflation threatens Washington’s ability to develop a coherent response.
 ECB should steer clear of the ghost of Jean-Claude Trichet By Mark Sobel In 2008 and 2011, President Jean-Claude Trichet famously led the European Central Bank in lifting rates. The timing of these raises was inopportune, if not mistaken. Will the ECB repeat the past?Â
 MEETINGS Diversity and financial inclusion Thursday 7 July, Roundtable Access to financial services is crucial in ensuring greater equality and diversity in the financial sector. This roundtable, co-hosted by OMFIF’s Sustainable Policy Institute and EDGE Certification, discusses developments in inclusive tools, products and digital services.Â
 ON DEMAND Next Generation EU with Siegfried Ruhl: one year later The Next Generation EU fund – set up to help finance Europe’s recovery from the economic damage of the Covid-19 pandemic – has been operating since last June. Siegfried Ruhl, head of funding and investor relations at the European Stability Mechanism, speaks to OMFIF’s John Orchard about it.Â
 Data: Towards a new age of economic enlightenment As regulators and policy-makers work to balance protection and innovation in their evolving frameworks, this landmark report explores the use of data and its potentially transformative impact on developments in the global economy, financial services, the business community and society as a whole.
