Wage push inflation is a general increase in the cost of goods that is preceded by and results from an increase in wages. Even higher wages are then needed to compensate.

Inflation is a word you hear all the time. However, many people don’t fully understand how it works or how it impacts their daily lives. While some effects of inflation, such as the ever-increasing ...

Federal Reserve Chair Jerome Powell says inflation is under control. "Rock solid." Those were the words of Federal Reserve Chair Jerome Powell on Wednesday, when describing the apparent confidence of ...

Those were the words of Federal Reserve Chair Jerome Powell on Wednesday, when describing the apparent confidence of U.S. economists that the Fed is going to get inflation back under control. Say what ...