inflation

Lumber prices have stabilized after unprecedented volatility.

That’s good news for in the fight against inflation, as long as consumers don’t cut spending so much that the economy tips into recession.

“It really is important to remember that confidence and trust really underpin our financial system,” says Emily Stewart of Vox.

A conversation with Susan M. Collins, president of the Federal Reserve Bank of Boston.

But they plan to pull back on discretionary spending.

Back then it seemed like inflation might be what economists call “transitory.” But here we are.

Jerome Powell says the Fed is committed to getting inflation down to 2%.

The central bank also signaled that it’s likely nearing the end of its aggressive series of rate hikes.

Consumer sentiment isn’t as gloomy as the failure of Silicon Valley Bank might lead you to expect.

It’s a spending category that looks at core services other than housing. The Fed says it could be key to understanding the future of inflation.