Inflation also creates distributional effects, as it can impact different groups unevenly. For example, those with bargaining power, like unions or skilled workers, may be able to negotiate higher ...

Markets breathed a sigh of relief that prices didn’t rise still faster, and that the annual pace of PCE inflation remains below 3%. And thanks to beneficial, high base effects from a year ago ...

Fresh tariffs amid high inflation are making the Fed’s job uniquely difficult and feeding uncertainty about what to expect ...