Inflation is the steady rise in the price of goods and services over time. It’s not about one item costing more, but about most things in the economy getting pricier. To keep track of inflation, the ...

Luke Hartigan receives funding from Australian Research Council (DP230100959). He previously worked as a Research Economist at the RBA. Just when we thought it was safe to return to the supermarket ...

Treasury Secretary Scott Bessent scolded NBC's "Meet the Press" host Kristen Welkler for "cherry-picking" specific products during a question about inflation. She asked about the price of bacon, and ...

Just when we thought it was safe to return to the supermarket aisle, it seems inflation has come back to bite us again. Worse, the Reserve Bank of Australia (RBA) predicts it will linger for longer ...