News

Why Tariff-Induced Inflation Will Be Transitory
Inflation will very likely rebound from April's reading of 2.3% over the remainder of the year due to tariffs. Read why and ...
Inflation is bucking tariff fears, but the Fed likely won’t cut rates, as Trump wants. Here’s why
The U.S. economy has been full of surprises since the Federal Reserve started rapidly raising interest rates to quell ...
Inflation rate edged higher by 2.4% in May, CPI report shows. Here's what that means.
The inflation rate is inching higher, with Wall Street expecting tariffs to increase prices throughout the remainder of 2025.
A Goldilocks Inflation Moment, Tariffs And All
Despite high inflation expectations, price pressures have steadily cooled, with May’s CPI at just 2.4%. This suggests public ...
CPI report reveals inflation crept higher in May as tariff impact was tamer than expected
Inflation moved up in May as Trump's tariffs threatened to filter into consumer prices, CPI report shows. Gasoline prices ...
Americans turn cautious and retail sales slide after a spring rush to beat tariffs
Sales at retail stores and restaurants dropped 0.9% in May, the Commerce Department said Tuesday, after a decline of 0.1% in ...
US Tariffs, Tax Hikes to Depress UK Growth This Year and Next, CBI Forecasts Show
Growth this year is now forecast to be 1.2%, the Confederation of British Industry said, lower than the 1.6% it predicted in ...
‘Purgatory:’ Fed officials left in limbo as tariffs complicate this week’s rate decision
The U.S. economy is mostly in good shape but that isn’t saving Federal Reserve chair Jerome Powell from a spell of angst.