News

St. Louis Federal Reserve President Alberto Musalem has put the likelihood of Donald Trump's trade war causing a prolonged ...
The Labor Department has cut back on the inflation data it collects because of the Trump administration’s government hiring ...
Key Takeaways Tariffs' effects haven't shown up in official inflation measures yet, but retailers have said they are raising ...
"We've had a couple of months of quite good economic reports" with inflation coming down. However, those are backward-looking ...
A key U.S. inflation gauge slowed last month as President Donald Trump’s tariffs have yet to noticeably push up prices, while ...
Consumer spending slowed despite rising incomes, potentially an early reaction to higher prices on some imported goods.
Economists at Bank of America and Goldman Sachs forecast inflation will shoot up to more than 3.5% by year’s end.
Nonpartisan Congressional Budget Office estimates that Trump’s tariffs would shrink the economy and add to inflation while reducing the federal deficit by $2.8 trillion.
Federal Reserve Bank of Chicago President Austan Goolsbee warned that new tariff policies would drive up prices, though their inflationary impact could be temporary.
Inflation cooled for the third straight month in April even after some of President Donald Trump’s tariffs took effect, though economists and many business owners expect inflation will climb by this ...
Even before Donald Trump’s “Liberation Day” tariffs on April 2nd, the median estimate among the 48 who were surveyed by the University of Chicago’s business school was that Mr Trump’s levies would ...