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The FRED Blog has discussed the large differences in wealth between the richest 0.1% and the poorest 50% in the U.S. Today, we try to answer a related question by exploring a different data set from the Distributional Financial Accounts (DFA): … Continue reading →

During the COVID-19 pandemic, supply chains and shipping costs were major concerns for policymakers and the general public. Both maritime and air freight suffered: Backlogs at ports made unloading cargo more costly and less efficient, and the slowdown of passenger … Continue reading →

Inflation is a concern for many these days, so the FRED Blog looks at what we know and can show about this economic phenomenon. Inflation has complex roots and is treated with policies that have effects with notoriously long and … Continue reading →

Serving poultry at the global Thanksgiving dinner table is 20% more expensive than a year ago. Global food prices in general peaked in the middle of 2022. They’re coming down now, but they’re still 3% higher than they were a … Continue reading →

Not all prices have increased in the same way during our current burst of inflation. This obviously holds true for specific, individual prices, but there are also marked differences when you look across broad categories. The FRED graph above shows … Continue reading →