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.
As an investment and inflation hedge, gold still looks overvalued, at nearly 30 percent below its peak. But demand for gold is growing in India and China.