A look at how the Fed measures inflation when deciding to adjust interest rates. And despite inheriting one of the toughest economic environments in years, Millennials are still optimistic.
The Fed is not worried about inflation right now. But should it also worry about the opposite? Persistently falling prices, or deflation, can also wreck an economy.
The Federal Reserve has printed and pumped trillions of dollars into the banking system to keep long-term interest rates low. Why hasn't the flood caused prices to rise?
Inflation hawks hold significant sway at the Federal Reserve. But critics say they should tolerate — and even target — more inflation to boost economic growth.