[author-bio] Ben Bernanke, Distinguished Senior Fellow at the Hutchins Center at Brookings, and Olivier Blanchard, Senior Fellow at the Peterson Institute for International Economics, answer a timely question: What caused the increase in U.S. inflation during and after the COVID-19 pandemic?   They find that many forecasters, including those at the Federal Reserve, anticipated that … Continue reading What caused the U.S. pandemic-era inflation?