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We presented a simple framework to characterize stagflation in the first installment of this series. Using that framework, we identified 13 instances of stagflation in the United States since 1950 (Figure 1). Episodes vary in severity, but each posed unique challenges to monetary policymakers. In this second installment, we briefly review historical instances of stagflation and their accompanying monetary policy decisions. The distinctive experiences point to an economy whose structural drivers of growth have shifted over time, which underscores the idea that a policy enacted back in the 1970s...

Public hospitals are urging individuals with mild to moderate symptoms of Covid-19 to visit a general practitioner clinic or polyclinic near their home.

According to the protesting lawyers, Madhya Pradesh High Court has ordered all the district courts in the state to resolve at least 25 pending cases within three months. But the advocates say that there cannot be a decision in any case in this quick time frame.

PUTRAJAYA: The Health Ministry expects a spike in Covid-19 cases after the Hari Raya Aidilfitri celebrations but the majority should be in Categories 1 and 2, says Health director-general Tan Sri Dr Noor Hisham Abdullah.

SHANGHAI, April 26 (Xinhua) -- Leading Chinese epidemiologist Zhang Boli has noted that China dynamic zero-COVID approach does not mean absolute zero-COVID, whi