Inflation refers to the rise in prices across the economy. But inflation can take many forms, and it has complex causes. For example, stagflation, which occurred in the 1970s, combines high inflation ...

Inflation occurs when prices rise quickly; deflation occurs when prices fall. Central banks influence interest rates to manage inflation and deflation. Hyperinflation, rare but severe, occurs with ...

Learn about purchasing power, its effect on currency value, and how inflation influences what one unit of money can buy.

July Fourth saw big crowds, congested highways and full airplanes as tens of millions of Americans celebrated not only the country’s independence but their own liberation from the pandemic. There were ...

The Consumer Price Index (CPI) regularly measures the change in the prices paid by consumers in the U.S. for a representative ...

The Open Mind is available to stream on pbs.org and the free PBS App, available on iPhone, Apple TV, Android TV, Android smartphones, Amazon Fire TV, Amazon Fire Tablet, Roku, Samsung Smart TV, and ...

WASHINGTON, DC - NOVEMBER 08: Fed Chairman Jerome Powell prepares to deliver remarks to the The Federal Reserve's Division of Research and Statistics Centennial Conference on November 08, 2023 in ...