Initial jobless claims hit a 10-month high last week. If that takes pressure off prices, the Federal Reserve might reduce interest rates.

Despite the CPI coming in unexpectedly low, the Federal Reserve needs more convincing that inflation is really getting better.

Decades ago, the Fed was battling double-digit inflation, and Chair Paul Volcker took aggressive action that drove interest rates way up.

A survey reveals the general public doesn’t always agree with economists on what causes higher prices.

The NFIB reports a spike in its uncertainty index, perhaps triggered by thrifty consumers and the upcoming election.

Don’t be like Dr. Evil, who didn’t check the CPI before making ransom demands.

Inflation has eased in Europe as prices fall for electricity and other items that were affected by supply shortages from the Ukraine war.

Wages were running hot two years ago, rising about 6% annually. Things have cooled since then, with April average wages up just under 4%.

The Phillips Curve says that low unemployment is linked to high inflation. But history shows that the economy doesn’t always work that way.

The central bank seeks the right rate for controlling inflation while promoting economic growth. It’s a moving target.