When I was a graduate student in economics and learned about the inflation of the 1970s, I marveled at how poorly policymakers understood the problem. The price controls they enacted that decade ...

With inflation a meaningful economic factor after a decades-long hiatus in many countries, households need no tutorial on its impact on their day-to-day spending, as budgets are stretched thin by ...

This paper reviews the drivers of the post-pandemic U.S. inflation surge and subsequent decline, including the behavior and role of inflation expectations. The sharp rise in inflation reflected severe ...

Many people think inflation causes prices to increase. In fact, it is just the opposite. Inflation is a measure of how fast prices are rising. The faster prices increase, the higher the inflation rate ...

Much to the chagrin of party officials, China’s inflation rate rose by 0.4 percent in January, ending a much-needed five-month drop in the rate. While commentary has rightly noted that the rise in ...

Feb. 12 (UPI) --In earlier installments of this series on international project finance in Latin America, we examined how sovereign risk and currency volatility influence the cost of capital for ...

“The standard of living of the average American has to decline,” he said. “I don’t think you can escape that.” These were the words of Federal Reserve Chairman Paul Volcker as he testified before ...

The Federal Reserve admits it badly misjudged the beginning of the inflation crisis, but officials hope they won’t make the same mistake again. President Donald Trump’s tariffs are about to determine ...