The producer price index, released Wednesday by the Bureau of Labor Statistics, had some unsurprisingly high numbers. It's another sign that the Federal Reserve's work trying to control inflation through raising interest rates, among other things, is only just beginning. The idea, associated with American economist John Taylor, is for every percentage point.
Harold James, Markus Brunnermeier and Jean-Pierre Landau think the European Union's credibility as an exponent of soft power is facing the ultimate test in Ukraine.