In simple terms, inflation is the increase in the prices of goods and services over time. It occurs when there is too much money chasing too few goods. This can happen when the government prints ...
Core inflation, which strips out the direct impact of volatile energy and food prices is now at a four-year low, having dropped to 3.2% in December from 3.5%. Services inflation is at a two-year low ...
But the conversation encapsulated a dilemma for the Fed: If inflation is on the run, why are interest rates still so high? Conversely, if inflation still hasn't been whipped — those who were ...