Policymakers and economists say the latest data is only a temporary reprieve as tariffs could stoke higher inflation.

The Bank of England has forecast inflation to rise further this year to 3.7%, and stay above its 2% target until the end of ...

Consumer prices in March were up 2.4% from a year ago — a smaller annual increase than forecasters had expected. While President Trump has suspended many of his new tariffs, import taxes that remain ...

rates were much lower before taming post-COVID-19 inflation. Before 2022, the federal funds rate had remained near zero since the Great Recession of 2008, except for spring of 2017 and the start ...

It should be noted that March's data does not include the raft of bill rises the came into effect at the start of April ... Both of these suggest inflation for April may come in higher - though ...

Aimee Picchi is the associate managing editor for CBS MoneyWatch, where she covers business and personal finance. She previously worked at Bloomberg News and has written for national news outlets ...

Tariffs could be withdrawn or scaled back by the White House or could linger for a longer time. "I think it's very prudent to ...

Inflation should start to pick up in two to three months’ time and possibly remain elevated through at least the end of this year. “We got a huge tariff increase,” said Paul Donovan ...

Traders on Friday continued to pull back from bets on aggressive Federal Reserve interest-rate cuts this year, as the closely ...

President Donald Trump has wasted little time starting to undo one of his predecessor's worst policies − the 2022 Inflation ...