The August inflation report shows a slight uptick, with core inflation at 0.3% month-over-month and 3.3% year-over-year, but disinflationary trends persist. Goods prices are deflationary, especially ...

Treasury Secretary Scott Bessent backed the idea of reconsidering the Federal Reserve’s 2% inflation target once the US has sustainably brought price increases back down to that pace.

The Inflation Reduction Act (IRA), passed in 2022, has propelled such growth by allocating billions of dollars towards investments in renewable energy sources. However, the future of such policies ...

Overwhelming majorities of voters are concerned about the specific issue of inflation as well as the broader issue of the future of America, according to a new Fox News survey. Concern with inflation ...

In today’s volatile financial landscape, investors are increasingly seeking refuge from the eroding effects of inflation. Inflation, the persistent increase in the general price level of goods and ...

High inflation is more than a tax on everyday spending, it also impacts longer run costs through higher interest rates. Chart 1 shows the relationship between inflation (blue line), interest rates ...

Having worked in the Federal Reserve system her entire career, Loretta Mester rose to become president of the Cleveland Fed for a decade until her retirement on June 30. During most of her years on ...

It’s been a while since the 2022 run-up in inflation rates and the painfully gradual descent. Yet consumers have been experiencing a renewed wave of sticker shock at prices in recent months, according ...

The cost of borrowing may stay higher for longer. That was one of the key takeaways for Americans on Wednesday when the Bureau of Labor Statistics released its latest inflation reading, this time for ...

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 ...

The quits rate in the JOLTS report shows significant softening. Long-term unemployment jumped to 1.7%. My recession rule is at 33% and rising, but it needs to be over 50% to trigger a recession ...