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 ...
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 ...
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.
Bostic: Why the Fed Can’t Assume Tariff Inflation Will Be One-Off
When it comes to judging the impact of tariffs on inflation, standard economic models are straightforward: this should be a one-time increase in prices. But the uncertain and fluid rollout of the Trum ...
Inflation rate slows again and almost hits Fed’s 2% goal, but trade wars could spoil the party
The cost of living barely rose in April — and the rate of inflation slowed even closer to prepandemic levels — but it’s ...
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 ...
U.S. Economic Resilience Continues Despite Tariff Anxiety
US economy continues to defy recession fears while inflation concerns are yet to materialize. The full impact of tariffs is ...