News

Inflation data threatened by government hiring freeze as tariffs loom
The Labor Department has cut back on the inflation data it collects because of the Trump administration’s government hiring ...
Treasury secretary confronts CBS host over past tariff inflation predictions as rates hit 4-year-low
CBS's Margaret Brennan challenged Scott Bessent on Trump's tariffs, as retail giants warn of price hikes despite inflation ...
Goldman Sachs flags 3 reasons a tariff-induced inflation rebound won't stick around for long
Here's why inflation won't reach record-breaking 2022 levels, according to Goldman Sachs.
April Inflation Milder Than Expected As Tariff Impact Still Muted
Economists at Bank of America and Goldman Sachs forecast inflation will shoot up to more than 3.5% by year’s end.
Key U.S inflation gauge shows price growth cooled in April with little sign of tariff impact
Consumer spending slowed despite rising incomes, potentially an early reaction to higher prices on some imported goods.
Bank of Canada Holds Rate Steady as Economy Softens, Inflation Accelerates
The Bank of Canada left its main interest rate unchanged, at 2.75%, saying the economy has softened but not deteriorated, and ...
Inflation rate slows again and almost hits Fed’s 2% goal, but trade wars could spoil the party
The cost of living barely rose in April — and the rate of inflation slowed even closer to prepandemic levels — but it’s ...
4 Major Questions Are Lingering About Tariff-Related Inflation
Key Takeaways Tariffs' effects haven't shown up in official inflation measures yet, but retailers have said they are raising ...