Food prices in December saw their biggest jump in more than three years, data shows, while the cost of eating out has also ...

Inflation and the EconomyInflation is one of the most important and frequently discussed economic topics. Economists, ...

The new paper by a group of economists from Harvard and the International Monetary Fund, headlined by former Treasury Secretary Larry Summers said that that rising interest rates were as much a part ...

Although they are few and far between, there are some goods and services with prices that held steady amid the economic turmoil. Surprisingly, these goods and services happen to be popular among ...

Jerome Powell, chairman of the U.S. Federal Reserve, has said the economy can weather the Fed's aggressive monetary policy tightening, thanks in part to healthy bank capital cushions. If 'transitory' ...

Over the past 10 years, inflation has averaged 1.88%. 2022 showed an annual inflation rate of 8%. The U.S. experienced deflation in the 1930s and high rates of inflation in the 1970s and early 1980s.

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 ...

For the second time in less than a week, President Joe Biden falsely claimed Tuesday that the inflation rate was 9% when he began his presidency. Biden repeated the claim about the inflation rate, ...

The size of the term premium embedded in the current U.S. Treasury yield curve has been a major focus of research by monetary policy makers and market participants. Researchers have employed both ...