News

Trump’s tariffs could make Europe, not America, ‘Great Again.’ At least when it comes to inflation
President Donald Trump might want a new, “America First” world, but in the race to control inflation the United States may ...
Euro zone inflation unchanged at 2.2% in April, leaving path open for further ECB interest rate cuts
Euro zone inflation was unchanged at 2.2% in April, flash data from statistics agency Eurostat showed. Economists polled by ...
Inflation slowed in March — but that was before trade wars threatened to raise prices
The cost of U.S. goods and services was flat in March and put the Federal Reserve closer to its 2% inflation target, but ...
Key Inflation Measure Slowed To Multiyear Low In March—But Tariff Bump On The Horizon
The Fed’s rate-setting Federal Open Market Committee will meet May 6-7. Trump has repeatedly demanded the central bank lower ...
Tame March PCE inflation no salve after downbeat Q1 US GDP report
Consumer spending, which accounts for more than two-thirds of U.S. economic activity, surged 0.7% in March after an upwardly ...
US Consumer Spending Jumps While Key Inflation Gauge Slows Down
The Federal Reserve’s preferred inflation gauge stalled in March for the first time in nearly a year and consumer spending ...
Republicans wave off recession fear, just as Democrats did on inflation
Faced with economic data showing clear warning signs, Republicans declared those data points as premature, just as Democrats ...
US consumer spending surges in March, inflation cools
U.S. consumer spending increased solidly in March as households boosted purchases of motor vehicles to avoid higher prices ...
Shrinking GDP and elevated inflation put Fed in tough spot
The Federal Reserve is in a tough spot following the release of new data Wednesday reinforcing slower economic growth and ...
Inflation Speeds Up, Quarterly Data Show
Inflation, measured on a quarterly basis, accelerated as the economy stopped growing during the first three months of the ...
New York inflation refund checks: Who is eligible, how much money will you receive
Governor Kathy Hochul and state lawmakers recently announced the deal to issue the state’s first-ever inflation refund checks ...
US inflation cools and Americans step up spending as they brace for tariff impact
A closely watched inflation gauge cooled last month in a sign that prices were steadily easing before most of President ...