Inflation and Price Indices
In microeconomics, prices are the most commonly cited equilibrating variables. A fundamental question in macroeconomics has been whether prices are equally relevant in achieving equilibrium for economies as a whole.
retired people and other on fixed incomes
holds of fixed-income securities
parties to long-term contracts
[What's so bad about inflation?]
Inflation Central, Federal Reserve Bank of Cleveland. "Track inflation in the United States and across the world and put it all in perspective with our analysis and commentary."