Learn how GDP growth can influence inflation, impact economic health, and affect consumer purchasing power. Understand the relation for better financial decisions.

Two years ago, I was writing about the high inflation of 2022 and 2023. Right around that time inflation started dropping dramatically, all the way to where it sits now—below 3%. Meanwhile, interest ...

How Does Inflation Work? Inflation is the broad, gradual increase in prices across an entire economy. When prices rise, inflation lowers the purchasing power of money. Central banks consider a ...

The latest inflation figures are released each month. What is inflation and how does it impact your personal finances?

The consumer price index, commonly referred to as CPI, measures changes in the price of consumer goods and services, from ...

Falling inflation means prices are still rising, but at a slower rate than before. Deflation, which is when prices actually decrease, is a rare occurrence in the U.S. economy. While overall inflation ...