In his November 7, 2023 New York Times newsletter, the economist Paul Krugman asks a good, albeit belated, question: Why did so many economists get the inflation outlook wrong? After all, the ...

We were surprised when inflation rose. We were surprised when inflation fell. And we were surprised again when inflation stopped falling. The message of all these surprises is that we — including ...

BOCA RATON, Fla. (CBS12) — A shocking new inflation report was released by the US Labor Department on Tuesday. Consumer prices soared to 8.5 percent, the highest since 1981. Families are paying more ...

Macroeconomics is the study of the broader economy. It's a branch of economic study focused on how changes in economic output, inflation, interest rates, and other factors affect economic performance.

Imagine it is late 2024. Inflation in the rich world has fallen from its peak but stayed stubbornly high. At around 4%, it is well above the level at which most central banks are comfortable.

Where in Americans’ household budgets is inflation hitting the hardest? WSJ’s Jon Hilsenrath traces the roots of the rising prices to learn why some sectors have risen so much more than others. Photo ...

The latest jobs report shows the labor market remains strong despite rising interest rates. That's good news for workers but it complicates the Federal Reserve's efforts to curb inflation. Economics ...

HBO may have captivated millions with its series “Game of Thrones,” but economists have lately captivated, well, not millions — maybe a few hundred nerds — with their Games of Teams: noisy and ...

Inflation will see an intense drop, according to Pantheon's chief economist Ian Shepherdson. He pointed to easing price pressures, even as wage inflation is slow to return to normal. That means ...

Inflation can be one of the scariest forces in the economy: Prices rising all around you, decisions grow more confusing, your dollar doesn't go as far, you feel poorer, and it's all out of your ...

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 necessary to ...