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Policymakers and economists say the latest data is only a temporary reprieve as tariffs could stoke higher inflation.
Federal Reserve Chair Jerome Powell predicted "significantly larger" inflation and slower economic growth due to President ...
St. Louis Federal Reserve President Alberto Musalem said on Friday he's closely watching whether a rise in short-term ...
Axios Visuals Americans believe inflation will surge in the months ahead as tariffs take effect. The good news: Consumers see those rapid price increases as fleeting — not a permanent shock to the ...
President Trump's approvals on economy and inflation dip, as Wall Street has one of its most volatile weeks in recent years.
The Michigan Consumer Sentiment Index fell for the fourth consecutive month in April as worries about President Donald Trump’s tariff policies have raised inflation expectations to their highest ...
Year-ahead inflation expectation also leapt to 6.7 percent in April from 5 percent in the University of Michigan’s bench consumer sentiment survey ... have gone into effect, many banks and ...
CEO of Debt Rescue says the timing of the electricity tariff hikes could not be worse for struggling consumers ...
Grocery prices in particular skyrocketed in the summer of 2022. And though the rate of inflation has largely slowed down since, American shoppers are still feeling the effects. As of March, prices for ...
Losses accelerated in the afternoon after the head of the Federal Reserve said again that Trump's tariffs appear to be bigger than it expected.
Trump's raft of tariff plans has been dubbed "worse than the worst-case scenario," and markets have ricocheted up and down as ...