inflation

Mary Daly weighs in on inflation, the debt ceiling impasse and why public trust is essential for monetary policymakers at the central bank.

Inflation is eating away at incomes while the delta variant is discouraging consumers from going out and spending.

Probably through next year, but maybe even longer.

The yield on the 10-year Treasury note surged to its highest level in three months this morning.

These prices may be a bellwether of where domestic or worldwide inflation are headed, says Cornell economist Eswar Prasad.

The obvious explanation for July’s 1.1% dip would be the coronavirus delta variant. Not so fast; inflation may also be a culprit.

The University of Michigan’s consumer sentiment index shows the rise of the delta variant this summer has curbed spending.

But inflation eased on a month-to-month basis. Many economists expect price gains to moderate as the pandemic recovery progresses.

The industry’s challenges could lead to higher prices for consumers.

The Federal Reserve is aiming for long-term inflation of 2%. But economists say a bit more could help some workers and borrowers.