Simulations using a Phillips curve-type relationship provide insights into the importance of demand versus supply for inflation over different periods. The decade of low inflation after the Great ...
We’ve been hearing a lot about inflation this year. You can certainly feel the effects of inflation in higher prices for the things you buy every day. But, how did we get here, and is there anything ...
Maybe you’ve heard of inflation or felt it burning a hole in your wallet. Maybe you’ve also heard of the Federal Reserve, which works to keep inflation in check and sets monetary policies — such as ...