Inflation targeting is a method used by central banks to maintain stable prices by aiming for a specific inflation rate, typically between 2% and 3% annually in many developed nations. The key concept ...

Inflation accelerated for a third straight month in December on rising food and energy costs, reaching a five-month high and underscoring that an encouraging slowdown in price increases last ...

The definition of maximum employment, on the other hand, is a lot murkier. “There is not an explicit target for unemployment like there is for inflation,” said Stockwell. “But to keep ...

The Consumer Price Index rose 2.9 percent from a year earlier, but a measure of underlying inflation was more encouraging. Source: Bureau of Labor Statistics By The New York Times By Ben Casselman ...