English
Arabic
Chinese (Simplified)
Dutch
Esperanto
French
German
Greek
Italian
Japanese
Korean
Portuguese
Russian
Spanish
UrduOn June 13, the Federal Reserve released updated inflation figures showing that the Consumer Price Index grew at a 4% annual rate in May. The difference in consumer prices from April to May, however, was just 0.1%. These two numbers paint very different pictures of the current state of inflation and the American economy.The confusion comes from the way in which we calculate inflation, according to John Horn, a professor of practice in economics at the Olin Business School at Washington University in St.
Tag: Inflation Expectations
Economics Expert: Recession May Already Be Here
As federal interest rates climb and the U.S. economy continues to retract, fears of an impending 2023 recession loom large in the minds of Americans. However, as one economics expert notes, the nation may already be experiencing one. “The slowdown…
WVU researchers see inflation hitting some businesses harder than others
As inflation surpasses 9% and investors brace for the possibility that the Federal Reserve will raise interest rates a full percentage point, two West Virginia University economists point out that the pain is not created equal, with the economic tailspin…