News

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 ...
Chicago Fed's Goolsbee needs to 'wait and see' what tariff impact is on inflation
"We've had a couple of months of quite good economic reports" with inflation coming down. However, those are backward-looking ...
Dollar pulls back from six-week low but tariff tensions persist
The U.S. dollar rose on Tuesday, rebounding from a six-week low against the euro, even as investors remained concerned about ...
Bostic: Why the Fed Can’t Assume Tariff Inflation Will Be One-Off
When it comes to judging the impact of tariffs on inflation, standard economic models are straightforward: this should be a one-time increase in prices. But the uncertain and fluid rollout of the Trum ...
HousingWire3h
How will mortgage rates respond to inflation and a potential GSE release?
Action on U.S. tariff policies and a potentially seismic shift in secondary market activity hasn’t caused much movement for mortgage rates.
Trump’s tariff fallout? It’s worse than we previously thought, says OECD
President Donald Trump’s trade war will wreak greater economic damage than previously expected, both in the United States and everywhere else, according to new forecasts by the Organisation for ...
The Tariff Downturn
Plus: Drilling in the Alaskan wilderness, Harvard tries "wastefulness" argument, Stephen Miller tells on himself, and ...
US inflation gauge cools with little sign of tariff impact, so far
A key U.S. inflation gauge slowed last month as President Donald Trump’s tariffs have yet to noticeably push up prices, while ...
Job market is holding its breath amid tariff truce with China
Job openings and hiring increased slightly in April ahead of the Friday employment report from the Labor Department, which will be a major data point for the Federal Reserve as it determines the ...
U.S. Economic Resilience Continues Despite Tariff Anxiety
US economy continues to defy recession fears while inflation concerns are yet to materialize. The full impact of tariffs is ...
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, clearing the way for more rate cuts ...