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It's not an exact science, but 2 percent is the sweet spot for inflation.
For brands like Chanel, high prices are about more than adjusting for inflation.
A look at art as a smart financial investment.
The average monthly cellphone bill has dropped from an inflation-adjusted $151 in 1989 to $47 today.
Leigh Gallagher, an Assistant Managing Editor at Fortune magazine, and Cardiff Garcia, from the blog FT Alphaville join Kai to talk about the week in review. Listen to the full conversation using the audio player above.
A moderate rate of inflation is evidence of a growing economy
The bottom 40 percent of Americans make less now than they did 25 years ago.
A look at the Consumer Expenditure Surveys from 1989 and 2013.
The New York Fed president talks inflation and addresses recently leaked tapes.
Inflation hawks see the specter of higher wages and prices in lower unemployment numbers, as workers gain leverage versus bosses.
