When I was a graduate student in economics and learned about the inflation of the 1970s, I marveled at how poorly policymakers understood the problem. The price controls they enacted that decade ...

With inflation a meaningful economic factor after a decades-long hiatus in many countries, households need no tutorial on its impact on their day-to-day spending, as budgets are stretched thin by ...

A study of 100 inflation shocks since the 1970s provides valuable pointers for policymakers today In the early 1970s, conflict in the Middle East set off a spike in oil prices that left central banks ...

The inflation surge over the past three years followed a unique disruption to the global economy. Pandemic lockdowns initially tilted demand away from services and toward goods. But this came at a ...

This paper reviews the drivers of the post-pandemic U.S. inflation surge and subsequent decline, including the behavior and role of inflation expectations. The sharp rise in inflation reflected severe ...

“The standard of living of the average American has to decline,” he said. “I don’t think you can escape that.” These were the words of Federal Reserve Chairman Paul Volcker as he testified before ...

As economists and pundits continue to debate why Americans aren’t feeling better about the economy despite healthy growth and falling rates of inflation, the inflation outlook itself continues to ...

If economists are right about 2024, inflation will continue to fall and we won’t even be talking about it by the end of the year. But the last three years have taught some valuable lessons about ...

A hotter-than-expected inflation print rocked bond markets Wednesday, sending the US 10-year Treasury note yield (^TNX) to 4.56%, the highest level since November. The jump (18 bps) was the biggest in ...

About the author: Leo Feler is the chief economist at Numerator, a consumer research firm. He previously served as a senior economist at the UCLA Anderson Forecast. Despite mounting political pressure ...

The Federal Reserve admits it badly misjudged the beginning of the inflation crisis, but officials hope they won’t make the same mistake again. President Donald Trump’s tariffs are about to determine ...