White House aide Peter Navarro said Sunday that he expects President Donald Trump’s tariffs to bring in $6 trillion in revenue in the next decade, which could amount to the largest tax hike in US ...

Gift 5 articles to anyone you choose each month when you subscribe. Eight independent MPs led by Allegra Spender have called on the federal government to index income tax thresholds to inflation ...

The Consumer Price Index is the traditional measure of inflation, but lately the Federal Reserve has paid closer attention to ...

The Fed's preferred indicator of US inflation, the core index of personal consumption ... we note the second month of acceleration in income growth, which added 0.8% in February after a 0.7% ...

The frozen basic rate threshold, currently £12,570, drags more people into paying income tax and means that the real value - adjusted for inflation - of the tax-free allowance has been diminished.

US inflation remains at a disquieting level for Federal Reserve officials, just as the Trump administration moves forward ...

Low-income households, who spend a larger share ... Economists from Bank of America and BNP Paribas expect the February consumer price index report due Wednesday to show early signs of the impact ...

the tax rate will increase for all except the lowest. The annual adjustment is designed to avoid “bracket creep” when people are pushed into a higher income bracket or inflation reduces the ...