The money supply is useful as a policy target only if the relationship between money and nominal GDP, and therefore inflation, is stable and predictable ... quantity theory of money was a good one ...

The Berenberg economics team led by Holger Schmieding produced this striking chart, showing how interest-rate expectations ...

Inflation retreated again in April on the back of lower prices for consumer staples like groceries and gasoline, and other ...

Federal Reserve Chair Jerome Powell said Thursday that the economy may be entering a period of more volatile inflation and ...

In the 1960s, the Fed pursued a policy of seeking full employment via a low unemployment rate while allowing for high inflation, creating a negative correlation between the two in what’s defined ...