The Economist’s predictive inflation index helps to provide an answer. ... The chart below tracks excess concentration” in American inflation over the past 65 years.

Budget hawks have fretted for decades about America’s deficits and debt, repeatedly advising our government to embrace ...

One is that Mr Trump is not serious: most of the “Liberation Day” tariffs that caused the crash in April were postponed; the ...

But America’s current bout of inflation may be an exception to the rule: middle-income earners, not the poorest, appear to have borne the brunt of it (see right-hand chart).

When inflation is 4%, that figure falls to 68% (see chart 1). Over the longer run the gap yawns even wider. The principal on a 30-year bond will, when returned, be worth 55% of its original value ...

For the moment, businesses, households and financial markets are locked in an elaborate game of wait-and-see. Companies ...

Chart: The Economist All this is weighing on investor sentiment. The S&P 500 index of large American firms is still well below where it was before Mr Trump’s victory in November.

T he bad news on inflation just keeps coming. At more than 9% year on year across the rich world, it has not been this high since the 1980s—and there have never been so many “inflation ...

Russian consumer prices jumped to 0.79% growth week-on-week in the week ending July 7, up from 0.07% seen in the previous ...

“IT’LL BE somewhere between a scalpel and a sledgehammer,” was how Mike Johnson, speaker of the House, described the emerging Republican approach to the Inflation Reduction Act (IRA), Joe ...

The annual inflation rate, of 114%, is the world’s third-highest. The share of people who cannot afford basic foodstuffs and services has risen from 30% in 2018 to 43% today. Unsurprisingly, the ...