News

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 ...
Fed's Kugler: With Upside Risks to Inflation, Rates Should Stay Where They Are
Kugler's remarks, among the last of public comments from Fed policymakers ahead of their June 17-18 meeting, indicate that ...
The May CPI is expected to reflect initial tariff effects, but not by much
Economists and investors for possible effects of tariffs on prices when the Bureau of Labor Statistics release May’s consumer ...
Mild CPI inflation reading not likely to shake the Fed's wait-and-see stance on tariffs
A cooler-than-expected inflation reading from May is not likely to shake the view of most Federal Reserve policymakers that ...
US Inflation Beats Estimates for a Fourth Month
For four months many economists have predicted that US inflation would reignite, in large part due to President Donald ...
CBO says tariffs will shrink the economy and add to inflation but reduce the deficit
Nonpartisan Congressional Budget Office estimates that Trump’s tariffs would shrink the economy and add to inflation while ...
Trump economy shows surprising resilience despite tariff impacts
Annual inflation rose to a 2.4 percent pace in May, suggesting President Donald Trump’s tariffs have yet to drive up the cost of everyday products.
Dollar sinks to three-year low on Trump tariff threat
The dollar was dragged lower after the US president told reporters he would send letters to trading partners outlining new tariff rates in the next couple of weeks, as the end of the 90-day pause on ...