Dr. Perryman examines the inflation rate using a specific metric.
Dr. Perryman explains how this measure should be interpreted, and what it really means for inflation.
Dr. Perryman describes a more effective way to maintain a fair and economically sound minimum wage.
Dr. Perryman says the Federal Reserve system has been engaged in an extensive study of the future of monetary policy and plans to issue a significant report next year.
We have experienced lower inflation rates in recent years, and Dr. Perryman says it might surprise you that one big reason is your unlimited data plan.
For years, the Federal Reserve has been known as an inflation fighter; Dr. Perryman says there are other targets that might make more sense.
Calm down! Recent inflation reports have caused alarm and, frankly, overreaction. The overall Consumer Price Index increased again in May, bringing the rate over the last 12 months to 5.0%. It was the largest 12-month increase since a 5.4% rise observed in August 2008, during the midst of the Great Recession. The index for all items less food and energy rose 3.8%, the largest annualized increase since June 1992.