A new fear is gripping Wall Street: The economy may go into reverse while tariffs keep consumer prices too hot. Concerns over “stagflation”–a destructive combination of poor growth and ...
President Trump unveiled a universal import duty of 10% on all products, as well as reciprocal tariffs on imports from 90 ...
Inflation in February rose 2.8% on an annual basis, slightly lower than economists had forecast but continuing to signal that price hikes remain elevated despite the Federal Reserve's efforts to ...
Speaking from the Oval Office, President Trump boasted about the most recent inflation data, highlighting falling egg and oil prices. Photo: Evelyn Hockstein/Reuters Inflation cooled last month ...
Languages: English. You can get in touch with Hugh by emailing [email protected] New data suggests a notable deceleration in the U.S. inflation rate, potentially offering some relief to both ...
Inflation cooled slightly in February even as the pace of price growth remained well above the Federal Reserve's goal ahead of the central bank's policy meeting next week. The Labor Department on ...
Inflation eased more than expected in February, but the reprieve probably will be short-lived, economists say, with President Donald Trump's barrage of import tariffs set to propel prices higher.
Two recent readings on inflation showed price increases decelerated in February — but within the details, economists see warning signs. Thursday's report from the Bureau of Labor Statistics ...
Americans got much welcomed relief from inflation as the Consumer Price Index unexpectedly declined to 2.8% in February after reaching 3.0% in January following five consecutive monthly spikes ...