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 ...
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 ...
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 ...
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 ...
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.
Larry Fink Says Tariffs to Stoke Inflation, Slow Economy in Coming Months
BlackRock Chief Executive Larry Fink expects to feel the impact of tariffs later this year. The Fed's favored inflation gauge is now sitting [just above the central bank's 2% target]( ...
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 ...
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 ...