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Economists warned that a barrage of new U.S. tariffs could trigger a renewed bout of inflation. So why aren't prices surging?
Stock markets are up and tax cuts are coming for some, but consumer spending is slowing and the full effects of tariffs have not yet hit.
The latest Consumer Price Index for May shows year-over-year U.S. inflation rate at 2.4%. President Donald Trump has touted the easing government inflation figures, noting his tariffs have not pushed ...
Corporate media repeatedly predicted that President Donald Trump’s tariffs would lead to price hikes —only for those ...
Consumer spending cooled in May as inflation crept higher, signaling new pressure on Americans' wallets amid President Donald ...
Many experts argue that tariffs will result in higher levels of inflation. Coincidentally, inflation is used to calculate ...
The fresh data resumes a trend of worsening consumer confidence that stretches back to the outset of 2025. Last month, a ...
Most economists and policymakers are bracing for price pressures to intensify this summer because of President Trump’s ...
Federal Reserve Chair Jerome Powell said Tuesday that the central bank would likely have already cut interest rates this year ...
The US Federal Reserve's preferred inflation measure logged a mild uptick Friday while spending weakened, triggering another ...