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.
March 19, 2023
While a broader fallout from the the collapse of Silicon Valley Bank and Signature Bank seems to have been averted, questions remain about banks’ risk-taking, and the adequacy of regulation.
March 12, 2023
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.
February 5, 2023
How have previous periods of high inflation informed the Fed’s thinking in tackling inflation today? And what might Fed policy look like moving forward, given the easing of inflation in recent months?
November 13, 2022
A discussion with Maurice Obstfeld on the strong dollar, global economic uncertainty, and potential policy responses.
August 3, 2022
Inflation is the highest it has been in the U.S. in decades. Different gauges provide insights about underlying trends and household experiences.
August 1, 2022
Food inflation has been one of the drivers of inflation. While it has begun to slow in developing countries, it remains historically high in the U.S. and eurozone.
July 17, 2022
Dan Sichel discusses the measurement of inflation, and how the single, headline inflation statistic may not fully reveal the range of effects across income groups or categories of goods and services.
June 19, 2022
Why is inflation so high? Who does it hurt most? And what are the prospects for it coming down? Karen Dynan of Harvard University joins EconoFact Chats to discuss these questions.
June 1, 2022
The dollar’s value against six major currencies reached a 20-year high in mid-May. How has the war in Ukraine contributed to the rise? What are the implications?