The US economy defied most inflation and employment recovery predictions. However, economist Paul Krugman argues inflation created lasting psychological and political damage. The disconnect between ...

(Reuters) -Federal Reserve Bank of Philadelphia President Anna Paulson said on Monday that if inflation pressures do not moderate as she expects the central bank should be willing to take action. If ...

Global wealth accumulation this century has far outstripped economic growth, and the performance of that $600 trillion of savings over the next decade rests heavily on how the gap is closed - a ...

Inflation is settling at above the 3% level, based on many measures, and it could be accelerating since May. The Fed acknowledged the inflation problem at the November FOMC meeting, but Powell remains ...