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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.
Some countries stockpile grain and petroleum. China has both, plus a national pork reserve.
Inflation has been too quiet, according to some economists.
Additional production isn't translating to additional income.
The current rate of inflation is well below target.
Month-to-month price fluctuations make it difficult for the Bureau of Labor Statistics to measure inflation accurately.