How Does Government Measure Inflation?

How Does Government Measure Inflation? Inflation refers to changes over time in the overall level of prices of goods and services throughout the economy. The government measures inflation by comparing the current prices of a set of goods and services to previous prices. What are the methods of measuring inflation? Inflation can be measured by

How Does The Federal Reserve Control Inflation?

How Does The Federal Reserve Control Inflation? When the Federal Reserve increases its interest rate, banks then have no choice but to increase their rates as well. When banks increase their rates, fewer people want to borrow money because it costs more to do so while that money accrues at a higher interest. So spending