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Inflation rose last month to its highest level since February as President Donald Trump’s sweeping tariffs push up the cost ...
The Consumer Price Index reveals prices grew faster in June than in May. The annual inflation rate ticked up to 2.7%, the highest level since February. With new tariffs set for August, economists warn ...
Wholesale inflation in June, as measured by the producer-price index, surprised to the downside “as lower hotel rates and airfares offset tariff effects,” according to Comerica Bank’s chief economist, ...
The USD/JPY exchange rate rebounded to its highest level since April 3, following a rise in the US Dollar Index (DXY) ...
Opening and closing credit cards can also damage your credit score, per this warning from FICO (FICO). What does it all mean? Unexpected life events such as job loss or an emergency can throw your ...
Economists say it will take time for the effects of trade policies to show up in economic data — but acknowledge they aren’t ...
President Trump’s tariffs have yet to reverse the disinflation trend that’s persisted since January, baffling economists and the bearish views that color the consensus narrative.
U.S. wholesale inflation cooled last month, despite worries that President Donald Trump’s tariffs would push prices higher.
Higher tariffs put in place by the Trump White House this year have started to increase inflation, and these effects are likely to increase in the coming months, New York Fed President John Williams ...
Recent data on consumer inflation showed price pressures may be building in the wake of rising import taxes imposed by the Trump administration, Atlanta Fed president Raphael Bostic said on Wednesday.
President Trump has flagged that US tariffs on pharmaceutical imports are likely to kick in on Aug. 1, with duties on ...
The producer price index for total final demand was unchanged in June, the Bureau of Labor Statistics reported.