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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.
The Federal Reserve has put interest rate cuts on hold until it has more clarity about President Trump’s policies.
Prices are cooling even though President Trump’s trade war is dragging on and businesses keep threatening to raise their prices in response to it. The personal consumption expenditures (PCE) price ...
A drop in tariffs could cut inflation risks and boost growth, some economists say. In the shorter term, expect more confusion ...
Major retailers like Macy’s, Walmart, and Best Buy are raising prices on a range of goods—from toys and electronics to fresh ...
Sentiment ended a four-month slide in May amid changing U.S. tariff policy, but the survey showed that consumers are still ...
The U.S. federal court ruling that President Trump had overstepped his authority on imposing tariffs marked a clear setback ...