What is inflation? That should be easy to answer. Inflation should be what people pay for things. However, politics and policy got...

Policymakers often proclaim their reliance on data (i.e., a data-dependent policy approach), indicating uncertainty about the economy's...

The widely followed employment cost index (ECI) jumped 1.2% in Q1 2024, faster than the 0.9% increase in Q4 2023, raising fears that...

Monetary policy impacts the growth of nominal spending in the economy. Therefore, the preliminary Q1 GDP results send a strong message to...

The Fed is at "war" with itself. It says one thing when appropriate and helpful for its communication strategy and then ignores it or...

In February, total consumer prices and prices, excluding food and energy, rose 0.4%, resulting in the last twelve-month increases of 3.2%...