Focusing on the annual rate of change, rather than month-to-month inflation changes, distorts the economic reality and makes a bad situation look worse, says economist John Horn. That’s a problem ...

Inflation fears are stirring the financial markets, for legitimate reasons. David Wessel, deputy Washington bureau chief of The Wall Street Journal, tells Steve Inskeep that the Fed will likely raise ...

Small annual increases do not look dangerous, but over time they quietly overwhelm income, savings and good intentions.