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 ...
‘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.
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 ...
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 ...
Americans turn cautious and retail sales slide after a spring rush to beat tariffs
Retail sales fell sharply in May as consumers pulled back from a spending surge early this year to get ahead of Trump’s ...
Trump's tariffs and tax bill look like a 'Greek tragedy' that could tank the economy and stocks, former IMF official warns
Former IMF official Desmond Lachman highlights risks from Trump tariffs and tax cuts, warning of potential inflation, higher ...
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 to keep rates steady as tariffs, possible oil shock counter inflation data
The Federal Reserve is widely expected to hold interest rates steady next week, with investors focused on new central bank ...
Muted May Inflation Defies Tariff Fears
Consumer prices rose 2.4% over the year, and the month-over-month increase was lower than expected.
Why Americans haven’t felt the brunt of Trump’s tariffs — yet
Amid all this, Trump has, as usual, been pressuring the Fed and its chair, Jerome Powell, to lower interest rates. Vice ...