Congressional Research Service Issues In Focus White Paper on Inflation
January 17, 2025
January 17, 2025
WASHINGTON, Jan. 17 (TNSrep) -- The Congressional Research Service issued the following In Focus white paper (No. IF10477) on Jan. 13, 2025, by macroeconomic policy analyst Lida R. Weinstock.
Here are excerpts:
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Introduction to U.S. Economy: Inflation
What Is Inflation?
Inflation is defined as a general increase in the price of goods and services across the economy, or, in other words, a general decrease in the value of money. . . .
Here are excerpts:
* * *
Introduction to U.S. Economy: Inflation
What Is Inflation?
Inflation is defined as a general increase in the price of goods and services across the economy, or, in other words, a general decrease in the value of money. . . .