Inflation and the EconomyInflation is one of the most important and frequently discussed economic topics. Economists, ...

Wage push inflation happens when rising wages cause businesses to increase prices for goods and services. Employers may raise wages to attract or retain workers, especially during labor shortages, ...

Inflation is caused by the gradual increase in the prices of goods and services throughout the economy. Low inflation is necessary for the economy, but too much inflation causes serious problems.

Maybe you’ve heard of inflation or felt it burning a hole in your wallet. Maybe you’ve also heard of the Federal Reserve, which works to keep inflation in check and sets monetary policies — such as ...