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Tariffs aren’t yet showing up in inflation data, but that doesn’t mean they won’t in the coming months, says Richard Clarida, ...
Amid all this, Trump has, as usual, been pressuring the Fed and its chair, Jerome Powell, to lower interest rates. Vice ...
Inflation ticked slightly higher in May, rising 2.4%, in line with expectations, according to the U.S. Consumer Price Index ...
But in the price-tracking data, the evidence is much more uneven. April’s inflation reports — measuring consumer and producer ...
Former Treasury Secretary Janet Yellen predicts President Donald Trump’s tariffs will cause prices to rise and average ...
Inflation rose less than expected in May, a month when the effects of higher tariffs were starting to become more widespread.
US consumer inflation ticked up in May, in line with analyst expectations, government data showed Wednesday as President ...
The U.S. economy has been full of surprises since the Federal Reserve started rapidly raising interest rates to quell ...
Even before Donald Trump’s “Liberation Day” tariffs on April 2nd, the median estimate among the 48 who were surveyed by the ...
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.
Inflation ticked slightly higher in May ... The report amounted to the latest test for President Donald Trump's tariffs as some retailers and economists warn the policy will raise prices.
U.S. inflation likely picked up a bit last month as President Donald Trump’s tariffs start to bite, but lower prices for gas and possibly for air fares and used cars may limit the overall increase ...