Do geopolitical risks raise inflation?

#finance #inflation #research
Interview with Dario Caldara, Division of International Finance at Federal Reserve Board on his research presented during the conference on “The Effects of New Geopolitical Risks on Financial Markets and Firms” on August 22-23 in Stockholm.
00:00 What is the Geopolitical Risk Index (GPR)?
01:02 What motivated you to get into this research?
01:34 How does geopolitical risk cause inflation and how is it different to other types of uncertainties?
03:01 What is your advice to policymakers to mitigate the impact of geopolitical risk?
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