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How prices of many basic goods and services change usually tells us a lot about where the economy is headed.
The latest producer price index was up 0.5% in January, mostly because of higher service costs, not more expensive goods.
When prices for an item swing wildly up and down, they can drastically skew inflation measurements. A new index aims to rectify that.
It’s possible that prices aren’t rising much because we don’t expect prices to rise much.
With the lowest unemployment rate in 50 years, wages — and prices — should be rising faster than they are.
African swine fever has devastated the pig population in the country, where pork is a staple. It’s not just food prices that are going up.
What are we talking about when we talk about inflation?
A listener asks: “Wouldn’t an economy without inflation make us all better off?”
A single word can indicate the central bank’s attitude toward interest rates.
When it fears inflation might be getting too high, the Federal Reserve typically raises interest rates.