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After months of delay and backroom dealmaking, the Trump administration has imposed sweeping tariffs on nearly 100 countries, sending U.S. import duties soaring to their highest levels in nearly a ...
This Fed President Says Tariff Inflation Could Last Longer. Why He Still Expects Just 1 Rate Cut This Year.
The US economy is beginning to see inklings of stagflation, with the job market flashing signs of weakness while inflation measures tick higher.
July CPI Report Forecasts Show Continued Tariff-Driven Inflation Good prices are rising thanks to tariffs, lifting inflation back toward 3%.
UK interest rates have been cut by 0.25 percentage points to 4.00%, with concerns over economic weaknesses trumping rising inflation ...
Americans could see inflation tick higher in 2025 as businesses start to pass on the cost of the Trump administration's tariffs to consumers through price hikes, Beth Hammack, president and CEO of ...
Turkey’s inflation falls to four-year low of 33.5%: What to know Treasury and Finance Minister Mehmet Simsek said on X that annual inflation had fallen to its lowest level in 44 months.
The continued easing in the speed of price rises means the inflation rate has for three months straight trended lower than at any point since the end of 2021.
While headline consumer inflation fell sharply in 2023 before beginning to rise again, two components often used as a gauge of longer-term domestic price pressures have not dropped as much.
The Bank of England is widely expected to cut its key interest rate to 4% from 4.25% on Thursday and to lower it once more before the end of the year, despite consumer price inflation rising to ...
California's minimum wage will increase to $16.90 in 2026, reflecting a 2.49% increase based on inflation faced by workers, the Department of Finance announced.
The naysayers told us President Trump was going to deliver runaway inflation, but the latest data show exactly the opposite. Not only did inflation fall for consumers in the first half of the year ...