Iowa’s prodigious congressional tweeter, Republican U.S. Sen. Chuck Grassley, attempted to put inflation into terms Iowans and others could understand: via their pocketbooks. "Welcome 2 Pres Biden’s ...
Responding to stubbornly rising inflation, the U.S. Federal Reserve has pledged to raise interest rates more quickly than expected, which will likely dampen a red-hot housing market. On the other hand ...
Tariffs turn supply chain finance from niche tool to core capability As tariffs force faster and more structural supply chain changes, companies are turning supply chain finance from a tactical ...
WASHINGTON, DC - SEPTEMBER 18: Federal Reserve Chairman Jerome Powell speaks during a news conference following the September meeting of the Federal Open Market Committee at the William McChesney ...
Inflation isn’t a four-letter word, but the way that everyone from economists to TV pundits to politicians talks about it, it might as well be. Even if you don’t know exactly how inflation works, ...
With inflation a meaningful economic factor after a decades-long hiatus in many countries, households need no tutorial on its impact on their day-to-day spending, as budgets are stretched thin by ...
According to the US inflation calculator, the inflation rate in the US averaged below 2 percent a year from 2012 through 2020. Then it shot up to seven percent in calendar year 2021 and so far in 2022 ...
Chuck Grassley, R-Iowa, a member of the U.S. Senate Finance Committee and its former chairman, has tied inflation costing households an extra $175 a month to President Biden. That extra $175 a month ...
Inflation simply means that prices are rising. There is only one reason for that: total demand in the economy is greater than total supply. Why is that occurring today? Let’s first make some basic ...
Understanding inflation made simple: if you blow too much air into a balloon, it bursts. If you drink too much alcohol, the toxicity gives you a headache and can kill you. If you create too much money ...
High inflation is usually associated with a strong job market, and vice versa. The pandemic changed that. Prices are soaring at a historic pace, yet labor force participation hasn't rebounded as ...