Higher wages and low unemployment are good news to people. Inflation isn’t.

Despite good economic data like GDP growth, many Americans are not optimistic.

The central bank will scrutinize the employment cost index for 2021’s fourth quarter for signs that rising pay could fuel rising prices.

The IMF’s Gita Gopinath talks about the challenges facing the global economy as the world enters its third year of the COVID-19 pandemic.

The costs of many goods have been passed on to the consumer.

Rising costs have food vendors starting to try and figure out pricing, for meals that customers assume will remain inexpensive.

University of Michigan data shows inflation is starting to bite more for consumers at the low end of the income spectrum.

Rising prices for staples like food and gas was a key worry for respondents, along with concerns about COVID and political power.

Inflation is high but decelerating. So when will it decelerate to something normal?

Real average hourly pay increased 0.1% in December. Generally, wages are beating inflation, but some industries are lagging.