The latest inflation readings showed a mixed bag as drops in grocery and used car prices balanced out increases in rent and gasoline. Overall prices increased 3.4% from a year earlier, down from 3.5% ...

Inflation simply means that prices are rising. There is only one reason for that: total demand in the economy is greater than total supply. Why is that occurring today? Let’s first make some basic ...

What an around-the-mulberry bush explanation for inflation. It doesn’t matter which party is in the White House. The simple and honest answer is more jobs and higher wages increase household incomes ...

For some time now, prominent economists have warned that the only way to break the fever of inflation would be by pumping up unemployment—in other words, by triggering a recession. Former Treasury ...

We show that the fraction of non-reoptimizing firms that index prices to the inflation target, rather than lagged inflation, provides a simple measure of anchoring for short-run expected inflation in ...

The Fed isn't perfect. But let's hope that it can hold its nerve, because if it doesn't, we are all in big trouble.