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Inflation moved up in May as Trump's tariffs threatened to filter into consumer prices, CPI report shows. Gasoline prices ...
The Consumer Price Index rose 2.4 percent in May, from a year earlier, a reading that reflects only the initial impact of ...
Expected price hikes from a wave of US tariffs on global trade have yet to meaningfully show up in government inflation data, ...
Inflation is expected to accelerate in the coming months on the back of the Trump administration's import tariffs.
Inflation rose less than expected in May, a month when the effects of higher tariffs were starting to become more widespread.
Where is all the inflation that was supposed to arise from the Trump tariffs? So far there’s hardly been any whiff of big ...
The U.S. economy is mostly in good shape but that isn't saving Federal Reserve chair Jerome Powell from a spell of angst.
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 ...
CPI report shows that President Trump's whipsaw tariff policies have not had an outsized impact on inflation, but economists ...
Inflation ticked up last month ... a surprise to some economists who have expected Trump's tariffs to have more of an inflationary effect so far. Major retailers such as Walmart have said ...