Policymakers and economists say the latest data is only a temporary reprieve as tariffs risk stoking higher inflation.

South Carolina's governor and economists are weighing in as President Donald Trump paused most new global tariffs hours after they went into effect.

Another round of international tariffs is expected to take effect Wednesday, including a 104% tariff imposed by the United States on China.

Consumer price increases likely slowed in March due to cheaper gas, but forecasters don't expect the low inflation to survive ...

Typically, a recession occurs when some short of shock hits the economy, such as the pandemic in 2020, or the bursting of the ...

The central bank wants to let Trump's policies play out across the economy before deciding which way to move interest rates, ...

Federal Reserve Chair Jerome Powell said President Trump's tariffs are likely to cause inflation to rise at least temporarily ...

Powell said the tariffs and their impacts on the economy and inflation, are “significantly larger than expected.” ...

The Federal Reserve is facing an increasingly difficult economic environment to navigate as it tries to keep the economy on ...

Inflation is likely to pick up because of President Donald Trump’s sweeping tariffs, and could remain elevated, Federal Reserve Chair Jerome Powell said Friday. “We face a highly uncertain outlook ...

Still, expect some prices to rise — at least in the near term.

Explore looming inflation issues, impact of Fed policies, and potential for stagflation in U.S. amid new government proposals ...