
What Is a Recession? How One Is Defined and Declared
What is a recession? Why "two quarters of falling GDP" isn't the official definition, who actually declares one, and why the announcement always comes late.

What is a recession? Why "two quarters of falling GDP" isn't the official definition, who actually declares one, and why the announcement always comes late.

Inflation is one of the most reported and least explained words in the news. Here’s what it actually measures, what drives it, why policymakers deliberately aim for a little of it, and what it means for your money. Key takeaways…