Inflation is a decrease in the purchasing power of money, reflected in a general increase in the prices of goods and services in an economy.

If prices are instrumental in providing needed information to market participants, then inflation can be seen as introducing ...

Nearly six years after the onset of the COVID-19 pandemic, the underlying inflation process in advanced economies has fundamentally shifted, even as headline consumer price inflation has declined ...

My friend Jared Bernstein calls our attention to the rebirth of the inflation hawks. Apparently, there is a new craze among economists to say that we are in a period of structurally higher inflation.

Forbes contributors publish independent expert analyses and insights. Greg Licholai writes and teaches about innovation in healthcare. In 2022, the Biden Administration enacted the Inflation Reduction ...

The Inflation Reduction Act would be significantly scaled back in the federal budget bill currently being considered in the U.S. Senate. Clean energy tax credits would be gutted. The bill is ...

Economists forecast the CPI to rise 0.2% in May after rising by the same amount in April. The goods data will be closely watched for early signs of tariff-driven inflation, with larger impacts ...

For the first time in U.S. history, there may be no official inflation report next month — a direct consequence of the government shutdown now entering its 25th day. The absence of this critical data ...

The article below is reprinted with permission from The Capital Issue, a quarterly newsletter published by Lancaster Pollard.Conventional wisdom has that looking back to the past often is the best way ...

This paper studies the macroeconomic consequences of undermining central bank independence through politically motivated transitions of central bank governors. Leveraging a new panel dataset covering ...