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 ...

A study of 100 inflation shocks since the 1970s provides valuable pointers for policymakers today In the early 1970s, conflict in the Middle East set off a spike in oil prices that left central banks ...

As economists and pundits continue to debate why Americans aren’t feeling better about the economy despite healthy growth and falling rates of inflation, the inflation outlook itself continues to ...