News

Treasury secretary confronts CBS host over past tariff inflation predictions as rates hit 4-year-low
CBS's Margaret Brennan challenged Scott Bessent on Trump's tariffs, as retail giants warn of price hikes despite inflation ...
Chicago Fed's Goolsbee needs to 'wait and see' what tariff impact is on inflation
"We've had a couple of months of quite good economic reports" with inflation coming down. However, those are backward-looking ...
Key U.S inflation gauge shows price growth cooled in April with little sign of tariff impact
Consumer spending slowed despite rising incomes, potentially an early reaction to higher prices on some imported goods.
Goldman Sachs flags 3 reasons a tariff-induced inflation rebound won't stick around for long
Here's why inflation won't reach record-breaking 2022 levels, according to Goldman Sachs.
April Inflation Milder Than Expected As Tariff Impact Still Muted
Economists at Bank of America and Goldman Sachs forecast inflation will shoot up to more than 3.5% by year’s end.
The Financial Express2h
Trump imposes 50% tariffs on foreign steel, aluminum; Sparks inflation fears and global trade tensions
US President Donald Trump has declared a sharp increase in tariffs on foreign steel and aluminium, doubling the current 25% ...
Inflation rate slipped to 2.1% in April, lower than expected, Fed's preferred gauge shows
The personal consumption expenditures price index, the Federal Reserve's key inflation measure, increased just 0.1% for the ...
Tariffs And Inflation Affect Summer Travel Plans, New Survey Says
A new survey shows that nearly half of Americans say President Trump’s tariffs are affecting their summer travel plans, while ...
Inflation slides to 1.9% in Europe, as worries shift from prices to Trump and tariffs
Inflation in the 20 countries that use the euro fell to 1.9% in May from 2.2% in April, helping clear the way for more ...