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

March 30, 2023

President Tom Barkin discusses recent data and events and explores potential implications for monetary policy.

Tom Barkin
President, Federal Reserve Bank of Richmond

Blog Post
February 28, 2023

How can a plethora of individual price changes in the economy be combined into a single number that represents the overall change in the cost of living? The BLS accomplishes this with the CPI.