Macroeconomics studies an overall economy or market system, its behaviors, the factors that drive it, and how to improve its performance.
By two measures - the inflation rate and the Federal Reserve's target for "price stability" - the statement is inaccurate.
Going into the latest Fed meeting, bond markets were already predicting inflation would average 2.4% a year over the next five years, well above the Fed’s 2% target. After the meeting and Powell’s ...
WASHINGTON — Inflation rose last month as the price of gas, groceries and airfares jumped while new data showed applications for unemployment aid soared, putting the Federal Reserve in an increasingly ...
Social Security beneficiaries would welcome extra money in the bank from a COLA hike. But some might only be looking at $50 a ...