Every year in a normal economy, we see the prices for most everyday goods and services go up. This process, known as inflation, affects everyone: workers, businesses, people on fixed incomes, lenders and borrowers. But how much do you know about this important phenomenon in our economy?
Join us for a FedTalk featuring Robert Rich, senior economic and policy advisor and director of the Center for Inflation Research at the Federal Reserve Bank of Cleveland. Rob will explain what inflation is and isn’t, what factors influence inflation’s behavior, and how inflation fits into the objectives of the Federal Reserve.
A Q&A session will follow the presentation.