Watch Charles L. Evans, president and chief executive officer of the Federal Reserve Bank of Chicago, analyze the inflationary and deflationary pressures on the financial system today.

Listen to Charles L. Evans, president and chief executive officer of the Federal Reserve Bank of Chicago, analyze the inflationary and deflationary pressures on the financial system today.

Charles L. Evans, President and CEO of the Federal Reserve Bank of Chicago, comments on inflation expectations and revisits the Great Inflation of 1965-82.

People these days fear inflation. In this Wall Street Journal op-ed, Amity Shlaes examines President Franklin D. Roosevelt’s move away from the gold standard in 1933 and the implications of the end of the “gold clause” as an inflation hedge.

Watch John P. Lipsky, first deputy managing director of the IMF, discuss the relationship between rising energy and commodity prices and global inflation.

Listen to John P. Lipsky, first deputy managing director of the IMF, discuss the relationship between rising energy and commodity prices and global inflation.

The U.S. Federal Reserve made emergency rate cuts in the face of market pressure. Other central banks appear more hesitant, citing fears of inflation.