Rising prices across an array of goods from coffee to audio equipment to home furnishings pulled inflation higher.

In this FRED Blog post, we compare “breakeven” inflation expectations with actual inflation to see how they’ve both evolved over time. The FRED graph above shows 5-year (medium-term) and 30-year (long ...

The 10-year Treasury yield rose from 3.5% in 2003 to 5% in 2007, but the move in early 1987 was much, much faster, and much more damaging. The disconnect between inflation expectations and the 10 ...