Wages have caught up with inflation, but that hasn’t meant cost relief for many workers.
This paper examines the effectiveness of inflation targeting (IT) frameworks during the global inflation surge of 2022, a shock primarily driven by large adverse supply side disruptions following the ...
Inflation and the EconomyInflation is one of the most important and frequently discussed economic topics. Economists, ...
Earlier this month, U.S. President Donald Trump claimed that “every price is down,” and that the United States has “almost no inflation,” according to CNN. The outlet fact-checked the President’s ...
The Fed’s preferred inflation gauge, the core PCE price index, rose 2.8% year-over-year in September. The headline index was up 2.8% year-over-year, the highest level since April 2024. The Fed will ...
Federal Reserve Governor Christopher Waller said Monday he expects the effects of President Donald Trump's tariffs on prices to be "transitory," embracing a term that got the central bank in trouble ...