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The inflation expectation figure is the highest recorded since 1981. Every month, the University of Michigan’s Surveys of Consumers asks Americans to predict the rate of inflation over the next ...
FREDERIC J. BROWN/AFP via Getty Images The Michigan Consumer Sentiment Index fell sharply for the fourth month as people grew more concerned about tariffs and inflation. The survey showed that ...
Inflation expectations skyrocketed in April and consumer sentiment plunged as President Donald Trump moved to impose massive tariffs, major warning signs for the economy as the specter of a ...
Diccon Hyatt is an experienced financial and economics reporter who has covered the pandemic-era economy in hundreds of stories over the past two years. He's written hundreds of stories breaking ...
The core personal consumption expenditures (PCE) price index, the Federal Reserve's preferred inflation measure, ticked up last month, rising more than economists had forecast and signaling that ...
US inflation was lower than expected in March — despite President Trump’s launch of sweeping tariff wars — but some experts warned that higher prices are likely in the coming months.
Inflation slowed sharply in March, new data showed Thursday, underscoring the continued strength and resilience of the economy ahead of President Trump’s aggressive trade moves. In any other ...
Federal Reserve officials are bracing for President Donald Trump's tariffs to impede both of the central bank's goals of keeping inflation in check and employment high. Fed officials said tariffs ...
Retail inflation in India slid to 3.3% in March from 3.6% in February, even as the Reserve Bank of India forecasts 4% for 2025-26. Price stability at long last? That would be a big win for the ...
MANILA, Philippines — Inflation likely slowed further in March amid easing food prices and lower transport costs, strengthening the case for the Bangko Sentral ng Pilipinas (BSP) to cut rates as ...
WASHINGTON (AP) — U.S. inflation declined last month as the cost of gas, airline fares, and hotel rooms fell, a sign that price growth was cooling even as President Donald Trump ramped up his ...
Federal Reserve Chair Jerome Powell expressed concern over achieving the central bank’s dual mandate as tariffs are likely to drive inflation higher while weakening economic growth. His comments ...