The response of market-based long-run inflation expectations to monetary policy is one measure of the perceived credibility ...

The 12-month rate of inflation as of August 2026 is 3.7%, according to the Bureau of Labor Statistics (BLS). Energy inflation spiked to 20.4% as the status of the Strait of Hormuz remains uncertain.

Federal Reserve Chair Kevin Warsh told Congress yesterday, July 14, that the central bank's 2020 approach to managing inflation was a mistake, pledging a policy "regime change" as he prepares for a ...

Diccon Hyatt is an experienced financial and economics reporter. He's written hundreds of articles breaking down complex financial topics in plain language, emphasizing the impact that economic ...

Fed Chairman Kevin Warsh on Tuesday, in remarks he delivers to Congress this week, vowed to defeat inflation and "get monetary policy right." While he promised to tackle inflation, the central bank ...

Chairman Warsh reaffirms the Fed's unwavering commitment to a 2% inflation target, using Core PCE as the primary measure for now. Despite alternative inflation gauges like Trimmed Mean PCE showing ...

A new argument against the Federal Reserve’s 2% inflation goal identifies a real tax distortion for savers holding taxable nominal bonds. But it also treats mortgage rates too mechanically, overlooks ...

The upcoming consumer inflation report for August could influence the Fed’s interest rate decision at next week’s policy meeting. Most forecasts point to steady inflation, but rising services sector ...

In mid-July, new Federal Reserve Chair Kevin Warsh testified before two congressional committees and pledged to restore annual inflation to the central bank's stated target of 2%. Given that inflation ...