Inflation has fallen ... reported in a paper out this month that Black households with income above the national median faced 40% higher price volatility than white households of similar income.

“So far, it has acted as an inflation hedge—but it’s not a black-and-white case. It’s more of a cyclical (phenomenon),” ...

American consumers expect prices to rise by 6.7% over the next year, according to a closely watched survey of consumer sentiment from the University of Michigan. The inflation expectation figure is ...