inflation

Professor Alex Imas explains the behavioral economics that help us understand why people feel differently about climbing prices brought on by tariffs.

The latest NFIB survey of small businesses found nearly a quarter of small businesses raised prices last month. And nearly a third plan to do so in the next three months.

The dollar is hovering around a two-month high. Up until a couple months ago its value had been falling since January. What’s behind the uptick? And what forces may end this trend?

The minutes are dry, but they contain clues about what the central bank might do next.

Stephen Miran, President Trump’s latest appointee to the Federal Reserve Board Governors, wants the federal funds rate to be a full 2 percentage points lower than its current level.

But he doesn’t have long to convince his new colleagues, who remain skeptical.

The last few inflation reports from the Labor Department point to inflation sticking around.

As inflation accelerates, the job market is slowing. That leaves the Federal Reserve in a dilemma over its dual mandate of stabilizing prices and maximizing employment.

Energy and food are vital to the U.S. economy -- but they also complicate headline inflation numbers.

Measuring inflation takes resources, but both the public and the U.S. government itself benefit from having an accurate read on price changes.