Pantheon Macroeconomics

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14th Mar 2022 00:30U.S., Daily Monitor, Weekly Monitor

  • The surge in gasoline prices will disproportionately hammer the poorest households...
  • ...A policy response could include simply subsidizing gasoline spending for the bottom 40%.
  • Real-time data suggest that the war in Ukraine and the gas price shock has hit spending on services.

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Keywords for: Will Soaring Gasoline Prices Provoke a Policy Response?

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