Iowa’s prodigious congressional tweeter, Republican U.S. Sen. Chuck Grassley, attempted to put inflation into terms Iowans and others could understand: via their pocketbooks. "Welcome 2 Pres Biden’s ...

There are different types of inflation that could affect your long-term savings and investments. One such type is called cost-push inflation, which happens when prices go up because production costs, ...

If prices rise by 10%, the purchasing power of ordinary people decreases by 10%. This is because more money is needed to buy ...

The U.S. economic situation has stumped many economists as inflation since the COVID-19 pandemic continues to defy simple explanations. In 2021, the Federal Reserve Board believed inflation was ...

According to the US inflation calculator, the inflation rate in the US averaged below 2 percent a year from 2012 through 2020. Then it shot up to seven percent in calendar year 2021 and so far in 2022 ...

Responding to stubbornly rising inflation, the U.S. Federal Reserve has pledged to raise interest rates more quickly than expected, which will likely dampen a red-hot housing market. On the other hand ...

The Federal Reserve may not like it, but there isn’t much it can do about the forces keeping inflation elevated, David ...

WASHINGTON, DC - SEPTEMBER 18: Federal Reserve Chairman Jerome Powell speaks during a news conference following the September meeting of the Federal Open Market Committee at the William McChesney ...

Chuck Grassley, R-Iowa, a member of the U.S. Senate Finance Committee and its former chairman, has tied inflation costing households an extra $175 a month to President Biden. That extra $175 a month ...

With inflation we seem to have a problem of definitions. More specifically, everyone seems to want to give inflation a definition as opposed to accepting the definition. It’s the word equivalent of ...