CPI report shows inflation rate rose at a 2.7% pace
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With the holiday shopping season here, inflation is affecting everyone.During a visit to Pennsylvania a few weeks ago, President Trump made a comment calling th
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 near-consensus among mainstream economists in recent years was ...
Millions of Americans braced for runaway inflation in response to President Trump's aggressive import tariffs. They're still waiting.
Fresh inflation data is set to come a day before the Bank's policymakers reach a decision on whether to cut interest rates.
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 professional economists — really don’t have a strong ...
A rise of 3.2% in CPI inflation in the 12 months to November undershoots almost all expectations
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. It helps give policymakers a bird's-eye view of the ...
Housing is not special. That is, real estate and houses are not outside the laws of economics (i.e., scarcity, etc.). That said, each economic good necessarily offers something unique (otherwise it would be indistinguishable from other goods) and therefore comes with its own benefits and challenges.
Discover how Keynesian and Neo-Keynesian economics differ in addressing economic growth and stability through fiscal and monetary policies.
Inflation will see an intense drop and could fall below 2% by mid-2024, Pantheon Macroeconomics says
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 could fall below the Fed's 2% inflation target by ...