President Trump on Wednesday laid out his long-awaited plans to slap reciprocal tariffs on countries around the world — ...
President Trump's tariffs are going to affect products imported by U.S. companies, with importing companies likely to pass on those costs to consumers through higher prices.
But as tariffs serve as the most immediate threat to growth and inflation, a resilient US labor market continues to assure ...
U.S. personal income and consumption both rose in February, the Commerce Department said Friday. But the Fed's preferred ...
Federal Reserve Chair Jerome Powell acknowledged last week that inflation had started to rise "partly in response to tariffs.
Investors looked ahead to the latest reading of the personal consumption expenditures price index, due on Friday.
Hence, growth data could climb to the top of investors’ minds over the coming months, if it hasn’t already, with inflation metrics attracting somewhat less attention. The highlight next week ...
Fortunately, other methods of removing outliers from inflation metrics also showed significant improvement in February. One such statistic, median CPI, fell to its lowest level since October 2021.
The Bank of England (BoE) has opted to keep interest rates steady at 4.5%, as policymakers balance stubborn inflation pressures, slowing growth, and mounting global uncertainty linked to the ...
One of the Fed’s preferred inflation metrics – the personal consumption expenditures price index excluding food and energy – rose 2.8% in November from a year ago. While Fed officials opted ...