Tariffs put 0.5 to 2.2 percentage points above core PCE inflation by Boston Fed estimates, depending on how retailers pass through markups (Boston Fed, 2025).

The Federal Reserve's decision to avoid signaling imminent rate cuts despite relentless political pressure underscores its ...

Meanwhile, inflation data for May showed year-over-year price increases of 2.4%, up from 2.3% in April. Inflation rose 0.1% from April to May, compared to 0.2% from March to April.

June's personal income and spending growth were soft, with both rising just 0.3% MoM, falling short of expectations. Check ...

The July jobs report reveals a sharp hiring deceleration with major downward revisions to previous months. Click here to read ...

Yet the rate of inflation has remained well-behaved after the worst trade wars since the 1930s erupted in March. Wholesale and consumer prices are rising at about a 2.5% pace and have shown few ...

Recent inflation data has been tame despite rising tariffs, but the Fed is still trying to reduce the pace of price increases to 2% after it surged in the years following the COVID-19 pandemic ...

When the market sells against solid market data, Krumpelman says he sits tight. He has held his ground on 6,600 based on an assumed price/earnings level that he considers reasonable.

The job market has remained relatively steady recently, even in the face of tariffs, but hiring has slowed. Economists expect Thursday’s data to show another step down in overall hiring, down to ...