Back in 2022, when the labor market was so hot that Beyoncé even released a song about it, Americans were job hopping in large numbers, boosting their salary in the process.

The December 2024 economic projections from the central bank show significant changes from the September figures. They ...

Inflation impacts everyone by eroding the purchasing power of money. If you share Summers’s concerns, here are three ...

Inflation was a defining issue in the presidential election. Here's how climate change is making everything more expensive.

One research paper says inflation mostly fell for reasons besides the Fed's interest-rate campaign. One measurement that uses the Fed's own model of the economy suggests the Fed's hikes were ...

Consumers have grappled with unusually high inflation for the last three years, an economic burden that may have cost incumbent Vice President Kamala Harris the 2024 presidential election.

What's important is that rising prices aren't on their own evidence of inflation. Even more important, rising prices most certainly can't cause inflation. To say they do is like saying suntans ...

Inflation is a complex and multifaceted economic phenomenon that reflects changes in the price levels of goods and services ...

Inflation in November rose modestly, with housing costs continuing to be a major factor in price increases. However, the Fed ...

Some people expected a downturn in 2022 – and again in 2023 and 2024 – due to the Federal Reserve’s hawkish interest-rate decisions. The Fed raised rates rapidly in 2022 and held them high throughout ...

But what appeared to be a hot job market was actually a symptom — not the cause — of ... Plus, real wages (which take into account the impact of inflation) are about 4.4% below where they ...