Continuous inflation or deflation left unchecked can wound the economy. While deflation can drive down prices, which is good, profits and wages may also suffer and repaying debt becomes expensive.

Forbes Media chairman and co-author of "Inflation" Steve Forbes presented his definition of inflation. He was interviewed by New York Times economics reporter Jeanna Smialek.

What Is the Definition of Inflation? Inflation is a measure of purchasing power. It’s defined as the rate at which the prices of products and services change ...

Sometimes our familiarity with a topic gets in the way of our understanding of it. I often think that about inflation. It’s widely known that inflation is a condition of rising prices, or what ...

What is stagflation? Although the term lacks a formal definition, stagflation occurs during times of high inflation and slow economic growth. It typically coincides with high unemployment and ...

The U.S. economy is in a strange place right now. Job growth is slowing, but demand for workers is strong. Inflation is high (but not as high as last spring). Consumers are spending more in some ...

But this debate recently veered from economics to semantics. Has the common definition of “inflation” changed, and do economists just need to accept it? Felix Salmon of Axios essentially ...

Personal consumption expenditures inflation, the Fed's preferred inflation measure, eased slightly to 2.5% in January but remained well above the central bank's 2% target. Economic growth ...

An article in today's Journal looks at the evolution of the dictionary definition of inflation from "flatulence" to "rising prices," here's a collection of the entries throughout the years.