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Learn more about the causes, history and impact of inflation on businesses, households and the overall economy.

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Blog Post
February 13, 2024

Due to an increase in labor productivity, strong wage growth is coexisting with encouraging signs of inflation in recent readings. However, productivity growth has historically shown to be volatile.

Speech
Feb. 8, 2024

Recent data have been remarkable. President Tom Barkin shares why he still sees reasons for caution.

Tom Barkin
President, Federal Reserve Bank of Richmond

Podcast
Jan. 17, 2024

John O'Trakoun reviews different ways of tracking inflation that are intended to screen out noise and provide a more accurate forecast of price levels. He also discusses his unique approach to capturing this key economic indicator. O'Trakoun is a senior policy economist at the Federal Reserve Bank of Richmond.

Podcast
Jan. 10, 2024

Thomas Lubik and Christian Matthes discuss how economists wrestle with measuring the natural rate of interest or r-star, why this measure is important for monetary policymakers, and how their model has evolved to better chart the path of interest rates. Lubik is a senior advisor at the Federal Reserve Bank of Richmond and Matthes is a professor of economics at Indiana University.