“Greedflation.” “Shrinkflation.” “Junk fees.” “Price gouging.” “Monopoly power.” Barely a week goes by without President Biden or some other politician slamming companies for the prices they charge.

In a purely economic sense, inflation refers to a general increase in price levels due to an increase in the quantity of money; the growth of the money stock increases faster than the level of ...

The Federal Reserve has been using quantitative easing and quantitative tightening to conduct monetary policy. The approach has been effective in achieving the Federal Reserve's goals. The strong ...

The Bank of Japan on Friday took another step toward normalizing monetary policy—or did it? Add confusion to the list of risks from decades of policy experimentation by the central bank in the world’s ...