The US Court of International Trade ruled that the Trump administration did not have authority to impose most of the tariffs.

A key challenge for the Fed right now, however, is determining which risk is bigger for the economy, inflation or unemployment. Barkin said it was too early to say that lower borrowing costs are ...

The survey found consumers are increasingly worried about rising inflation. Over the next 12 months, consumers expect inflation to jump to 7.3%, the highest since 1981 and up from an expectation ...

Inflation eased slightly in April. (AP Digital Embed) Trump had slapped 145% tariffs on all imports from China, a move that effectively suspended trade with the United States’ third-largest ...

Rents and home prices aren’t going up like crazy anymore, but they are still one of the biggest sources of U.S. inflation. The cost of shelter rose at an elevated pace in April with a 0.3% increase.

While cooled to 2.3% compared to last year, many remain in limbo as consumers wait to feel the full impact of President Donald Trump's tariffs. Monthly inflation picked up slightly in April as the ...

Inflation retreated again in April on the back of lower prices for consumer staples like groceries and gasoline, and other items such as used cars and clothing. The consumer price index, a key ...

Inflation rose slightly in April and remained above the Federal Reserve's target rate as the economic impact of higher tariffs is expected to impact consumer prices in the coming months.

Inflation eased to a four-year low in April as the nascent impact of President Donald Trump’s sweeping tariffs were offset by their cost-dampening effects in a slowing economy. Overall consumer ...