But some economists say the relationship between inflation and employment is not as black and white as it used to be.

Think of the bond market as similar to the beach house rental market.

From 2020-2022, interest rates were near zero.

It’s taking a longer time for the broader economy to feel the impact of higher interest rates, in part because of debts locked in when rates were lower.

Economics has frustrated efforts to expand the turbine fleet and meet clean energy goals. But the industry is adjusting.

Despite the CPI coming in unexpectedly low, the Federal Reserve needs more convincing that inflation is really getting better.

The Fed’s rate hikes were meant to slow the economy and dampen inflation by raising borrowing costs. There’s evidence that’s happening.

Decades ago, the Fed was battling double-digit inflation, and Chair Paul Volcker took aggressive action that drove interest rates way up.

The latest jobs report is unlikely to change the Fed’s mind when they meet Tuesday and Wednesday.

Inflation has eased in Europe as prices fall for electricity and other items that were affected by supply shortages from the Ukraine war.