News

Why Tariff-Induced Inflation Will Be Transitory
Inflation will very likely rebound from April's reading of 2.3% over the remainder of the year due to tariffs. Read why and ...
Inflation is bucking tariff fears, but the Fed likely won’t cut rates, as Trump wants. Here’s why
The U.S. economy has been full of surprises since the Federal Reserve started rapidly raising interest rates to quell ...
Trump's tariffs and tax bill look like a 'Greek tragedy' that could tank the economy and stocks, former IMF official warns
Former IMF official Desmond Lachman highlights risks from Trump tariffs and tax cuts, warning of potential inflation, higher ...
A Goldilocks Inflation Moment, Tariffs And All
Despite high inflation expectations, price pressures have steadily cooled, with May’s CPI at just 2.4%. This suggests public ...
US Tariffs, Tax Hikes to Depress UK Growth This Year and Next, CBI Forecasts Show
Growth this year is now forecast to be 1.2%, the Confederation of British Industry said, lower than the 1.6% it predicted in ...
‘Purgatory:’ Fed officials left in limbo as tariffs complicate this week’s rate decision
The U.S. economy is mostly in good shape but that isn’t saving Federal Reserve chair Jerome Powell from a spell of angst.
CPI report reveals inflation crept higher in May as tariff impact was tamer than expected
Inflation moved up in May as Trump's tariffs threatened to filter into consumer prices, CPI report shows. Gasoline prices ...
May retail sales slipped as some shoppers may have bought early to avoid tariffs
Retail and restaurant sales slid 0.9% between April and May, which was a slightly larger month-over-month decline than ...
Why Americans haven’t felt the brunt of Trump’s tariffs — yet
Amid all this, Trump has, as usual, been pressuring the Fed and its chair, Jerome Powell, to lower interest rates. Vice ...