Continuous inflation or deflation left unchecked can wound the economy. While deflation can drive down prices, which is good, profits and wages may also suffer and repaying debt becomes expensive.

A clear example of surging inflation occurred in the United States in the 1970s. The decade began with inflation in the mid-single digits. By 1974, it had risen to more than 11%. After a dip, it ...

The bout of deflation back in July 2024 was unusual, given that we’re not in a recession, but it doesn’t mean the sky is falling. It might, however, mean that interest rates are falling in the ...

Deflation, a term often overshadowed by its counterpart inflation, can have profound effects on your personal finances. Understanding its causes and consequences is crucial for navigating economic ...

Inflation is a situation in an economy where prices of goods and services increase and the purchasing power of people decreases. Whereas, in deflation, there is a downward movement of the general ...

Not only is this not deflation as monetarists imagine it to be, it wouldn’t even be deflation if it were deflation. Indeed, as this write-up is being typed, gold sits around $1,950 in dollar terms.

Bloomberg's "QuickTake" offered a simple deflation definition: "The term describes a situation in which prices for goods and services fall across the economy." The root cause of aggregate price ...

These recent pockets of deflation could help push the overall U.S. inflation rate closer to 2%, which is the level the Federal Reserve is targeting.

Inflation has caused plenty of angst at grocery stores, lumber yards and even concert venues over the past four years. Back in May of 2020, consumer prices were basically flat compared with a year ...

Annual inflation by that measure fell to 3.6%, the lowest reading since April 2021. The Federal Reserve's goal for annual inflation is 2%. Need a break? Play the USA TODAY Daily Crossword Puzzle.

The Fed in August tweaked its policy, saying it would allow inflation to run "moderately" above 2% "for some time" in order to help the central bank meet its goal of full employment.