The COVID-19 inflation surge experienced abroad undoubtedly left its mark on U.S. inflation. As global economies return to business as usual, it is natural to ask whether international considerations ...

Learn how money illusion affects financial perception by viewing wealth in nominal terms, with examples and history, ignoring ...

If ever there were an economic example of the dog that caught the car and has no idea what to do now—it’s Japan, circa 2024. For 25 years now, a succession of leaders tried—and largely failed—to ...

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 ...

Perhaps the biggest headache for any investor is that no asset offers complete safety. Inflation gnaws away at cash; gold might offer protection but its price has soared so high that it feels less ...