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The June consumer price index will be the latest glimpse into whether tariffs are having an effect on consumer prices.
A new report from the Council of Economic Advisers found that the prices of imported goods have fallen this year and have declined faster than overall goods prices since February.
The scariest economics paper of 2022 argues that labor markets remain extremely tight, underlying inflation is high and possibly rising, and several years of very high unemployment may be ...
Few remember Fed chair Burns, who in his memoirs, "Reflections of an Economic Policy Maker (1969-1978)", blames others for the Great Inflation without mentioning the disastrous monetary expansion.
If even distinguished economists have competing theories on what causes inflation, then the average citizen can be forgiven for being confused, says Olney, who uses nonacademic language to explain ...
Spikes in the cost of raw materials can give rise to stagflation, triggering inflation and leaving consumers with less money to spend. American stagflation was prominent in the late 1970s and ...
He served eight years as a top economic adviser to President Barack Obama, and he has reviewed more than 1,000 books at goodreads.com. Published Oct. 21, 2024 Updated Nov. 22, 2024 ...
In 2022, inflation reached 9 percent in the U.S. — the highest rate in over 40 years. That was part of a global trend. The lingering impacts of the pandemic, Russia’s invasion of Ukraine ...
Today’s Consumer Price Index once again suggests that inflation is on the rise, with a 0.5 percent month-over-month price rise in January and a 4.5 percent annualized rate since the presidential ...
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