From inflation to your grocery bill, the Federal Reserve’s independence shapes everyday life. UC Davis research explains how political pressure on Fed interest rates could impact the U.S. economy.

UC Davis economist Òscar Jordà looks back at his economic estimates at the start of the COVID-19 pandemic and the national fiscal response that sought to keep jobs and tame inflation during an unprecedented global crisis.

The U.S. government’s recent shift to a non-cooperative negotiating strategy has used the tactic of threatening to increase the costs of not agreeing to U.S. terms, according to a UC Davis expert in international negotiations. While non-cooperation is far from unprecedented in international negotiations, it could make U.S. negotiations in the future much more challenging.