The Bank sets a 2% inflation target because when inflation is near this level, prices are more stable and that helps the economy function better. The primary tool the Bank uses to control inflation is ...
Today's economy looks very different compared to last year's, and concerns about inflation, market downturns and even a potential recession are weighing on the minds of many Americans. In these ...
The inflation reading for September closed on 6.9 percent, the lowest reading for four years, which is undoubtedly good news for the government. However, the inflation rate has been declining since Fe ...
A Republican political action committee used a deceptively edited clip to claim Sen. Bob Casey, a Democrat running for reelection in Pennsylvania, cast a vote that led to surging inflation. "Two years ...