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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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Podcast
Aug. 20, 2025

Zach Edwards and Felipe Schwartzman share what they have learned about how much businesses have been passing along higher prices for their inputs — especially due to higher tariffs in 2025 — to the prices they charge their customers. They also discuss how this cost pass-through could affect overall inflation. Edwards is a research analyst and Schwartzman is a senior economist, both at the Federal Reserve Bank of Richmond.

Speech
Aug. 12, 2025
The fog is lifting. President Tom Barkin explores why the road ahead for the U.S. economy may be bumpy but bearable.

Tom Barkin
President, Federal Reserve Bank of Richmond