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"We've had a couple of months of quite good economic reports" with inflation coming down. However, those are backward-looking ...
CBS's Margaret Brennan challenged Scott Bessent on Trump's tariffs, as retail giants warn of price hikes despite inflation ...
Consumer spending slowed despite rising incomes, potentially an early reaction to higher prices on some imported goods.
A key U.S. inflation gauge slowed last month as President Donald Trump’s tariffs have yet to noticeably push up prices, while ...
U.S. stock futures were little changed Friday ahead of key inflation data, while shares in Asia ended lower and European ...
Goldman Sachs believes tariffs will cause a one-time increase in inflation. The bank shares three reasons a tariff-induced inflation spike won't be permanent. As companies such as Walmart and ...
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 ...
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 ...
The figures show inflation is still declining from its post ... "The pulling forward of consumer spending ahead of the tariff increases will continue to dampen household spending in the coming ...
The Federal Reserve has put interest rate cuts on hold until it has more clarity about President Trump’s policies. By Colby Smith The Federal Reserve’s preferred inflation measure stayed ...