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Fed’s Inflation Measure Ticks Up Amid Uncertainty Over Tariffs
While the consumer price index is more commonly known, the Fed relies heavily on the PCE for deciding its stance on monetary policy. At the moment, the Fed is keeping interest rates high – and borrowing costs for consumers elevated – as it wants to see more data on how President Donald Trump’s import tariffs are affecting inflation.
Economists warned that a barrage of new U.S. tariffs could trigger a renewed bout of inflation. So why aren't prices surging?
U.S. consumer spending unexpectedly fell in May as the boost from the pre-emptive buying of goods like motor vehicles ahead ...
U.S. stocks closed at an all-time high, another milestone in a remarkable recovery from a springtime plunge caused by fears ...
Higher inflation from tariffs is still expected to flow through the U.S. economy, but Wall Street investors aren’t expecting ...
In all, the S & P 500 has soared more than 20% since an April low in the wake of Trump's "Liberation Day" tariff announcement ...
Former Labor Secretary Robert Reich and filmmaker Elliot Kirschner highlight their new documentary, “The Last Class,” and Reich discusses the current state of the U.S. economy.
Trump's top central bank overseer said inflation appears to be on a path back to 2% and expects “only minimal impact” from ...
Interest rates may have fallen this year, if not for the uncertainty and higher costs created by President Donald Trump's ...
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