News

Fed's Musalem estimates ‘50-50’ chances on tariffs triggering prolonged US inflation, FT reports
St. Louis Federal Reserve President Alberto Musalem has put the likelihood of Donald Trump's trade war causing a prolonged ...
Senior Federal Reserve official puts ‘50-50’ odds on tariffs sparking sustained US inflation
A senior Federal Reserve official has put the chances that Donald Trump’s trade war leads to a sustained burst of inflation ...
Fed’s Kugler Sees Higher Inflation From Tariffs in 2025
In prepared remarks to the Economic Club of New York on Thursday, Kugler said she’s carefully monitoring the potential impact ...
Inflation data threatened by government hiring freeze as tariffs loom
The Labor Department has cut back on the inflation data it collects because of the Trump administration’s government hiring ...
Fed's Goolsbee says tariffs could boost inflation quickly, take longer to slow economy
Chicago Federal Reserve President Austan Goolsbee on Tuesday said higher inflation from U.S. import tariffs could become ...
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 ...
Pause These 3 Financial Priorities During High Inflation and Focus on These 4 Instead
When inflation is high, the prices of goods and services cost more than before. Money experts offered priorities to pause ...
CBO says Trump's tariffs will shrink the economy and add to inflation but reduce the deficit
Nonpartisan Congressional Budget Office estimates that Trump’s tariffs would shrink the economy and add to inflation while reducing the federal deficit by $2.8 trillion.
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.
ECB should watch out for price hikes from U.S. tariffs, Schnabel says
The European Central Bank has made "great progress" in taming inflation but it should watch out for fresh price hikes caused ...
U.S. to Have Slower Growth, Higher Inflation Due to Tariffs, OECD Says
The research group expects the Fed to remain on hold this year, as the economy is hamstrung by uncertainty over whipsawing ...
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 ...