Many people think inflation causes prices to increase. In fact, it is just the opposite. Inflation is a measure of how fast prices are rising. The faster prices increase, the higher the inflation rate ...
This paper reviews the drivers of the post-pandemic U.S. inflation surge and subsequent decline, including the behavior and role of inflation expectations. The sharp rise in inflation reflected severe ...
About the author: Leo Feler is the chief economist at Numerator, a consumer research firm. He previously served as a senior economist at the UCLA Anderson Forecast. Despite mounting political pressure ...
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