The popular term “greedflation” overlooks the fundamental role of supply and demand in setting prices and downplays the ...

This famous quote from Nobel Prize-winning economist Milton Friedman means that only changes in the money supply drive inflation in the long run, while other factors might cause temporary price ...

According to the ONS, which determines the inflation rate, one of the main causes of the most recent ... is often higher than CPI. Various factors can drive up prices or inflation in an economy.

Taxes, regulations and other factors would be the most likely ... “Believe it or not, we’re still seeing the cause and effect of the pandemic-inflation hangover, even nearly five years later ...

Still, pockets of the food industry currently experiencing shortages due to disease or weather could continue to see higher prices, economists have told CNN. Plus, they note that volatility in food ...

Stickier inflation, Powell said, “might be the single biggest factor” causing the central bank to reduce the number of rate cuts it envisions. Fewer Fed rate cuts would likely mean that ...