News

Trump calls on ‘Too Late Powell’ to cut interest rates after benign inflation report—but impact of tariffs is yet to hit
April's inflation report will be welcome news to the FOMC—but that doesn't mean the Powell-led group will cut interest rates.
Trump tariffs will produce 'at least a temporary' rise in inflation: Fed's Jefferson
Federal Reserve vice chairman Philip Jefferson said Wednesday that if the tariffs already unveiled by President Trump are ...
Bigger Swings in Inflation Could Be on the Way, Powell Says
The Fed chief is speaking may talk about the Fed’s review of its monetary policy framework—how it balances employment and ...
US wholesale inflation remained fairly tame in April
The Producer Price Index, a closely watched measurement of wholesale inflation, showed Thursday that the prices paid to US producers dropped 0.5% in April from the month before, a much softer reading ...
US wholesale prices dropped 0.5% last month despite President Trump's tariffs
U.S. wholesale prices dropped unexpectedly in April for the first time in more than a year despite President Donald Trump's ...
Donald Trump scores best approval rating since "Liberation Day"—Poll
Trump's Liberation Day tariffs saw his approval ratings plummet. But polls show that hispopularity is creeping back up.
Trump just said there's 'no inflation' in the US. But it's still higher than what the Fed wants.
Trump has argued that inflation is down before. While it's steadily ebbed in recent years, prices are still rising faster ...
Stock market waits on trade deals, Trump progress in Middle East and inflation data: Live Updates
Investors eye more trade deals, updates from President Trump’s trip to the Middle East and fresh consumer inflation data ...
Trump’s tariffs are changing the way Americans spend
American consumers, battle-scarred by the pandemic and the subsequent surge in inflation, are already changing their spending ...