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 ...

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 ...

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 ...

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 ...

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 ...

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 ...

“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 ...

About the author: Joseph H. Davis is global chief economist and global head of the Investment Strategy Group at Vanguard. In 1967, the U.S. economy experienced the most softish of landings. Growth ...

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 ...

The US stock market continues to rise despite various negative factors, similar to Venezuela's experience. Venezuela's stock market soared in 2016 due to inflationary monetary policy, not economic ...