Inflation, the rate of change of prices, is very unpopular because it erodes purchasing power. Our posts explore the different causes of inflation and its economic costs; the difficulties associated with measuring inflation over time; the policy tools available to combat high inflation and their limitations; and insights into how inflation differs across sectors of the economy.

Inflation and The Fed
Podcast: Podcast

Inflation and The Fed

Jeffrey C. Fuhrer | Harvard Kennedy School

Did the Federal Reserve react too late to rising inflation? Were its subsequent policy moves appropriately restrictive? Jeffrey Fuhrer joins EconoFact Chats to discuss these issues.