What other factors does Williams note contributed to the inflation experienced in the U.S. in 2020 and 2021?

The Phillips curve describes an inverse relationship between unemployment and inflation. Why does former Federal Reserve Chair Ben Bernanke say that there is “not a simple inverse relationship between ...

With inflation creeping back into the US economy, it's as important as ever to have a firm grasp on Donald Trump's tariffs ...

Along with weakening employment data and uncertainty from new tariffs, the latest inflation number puts the Federal Reserve ...

Euro zone inflation may be lower this year and next than previously expected and will remain around the European Central Bank ...

Economist Rob Shapiro warns that Trump’s policies and threats to the Fed could push the U.S. into a severe recession.

In its latest published forecasts, in May, the bank said that if, as markets expected, it lowers its cash rate target to 3.4% ...

Blaming the Federal Reserve for economic disturbances is a common political pastime in the U.S. Still, even by their usual standards, politicians' recent attacks on the Fed are unprecedented and risk ...

While the programs broadly succeeded in providing relief to individuals and businesses and creating a cushion for the economy ...

We argue that workers must take costly actions (“conflict”) to have nominal wages catch up with inflation, meaning there are welfare costs even if real wages do not fall as inflation rises. We study a ...