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National Economic Council Director Kevin Hassett, a top economic advisor to Trump, on Monday rebuked concerns about ...
Where’s all the inflation from the Trump trade wars? So far, the evidence really hasn’t shown up — but many economists say it ...
“Evidence suggests many retailers are hiking prices to claw back tariff costs,” wrote Samuel Tombs, chief US economist with ...
Consumer prices posted the biggest increase in June in five months and is likely to keep the Federal Reserve from cutting ...
The consumer price index for June is expected to show that Trump tariffs began to nudge inflation higher last month.
Inflation is speeding up after a period of cooling down earlier this year.
The Bureau of Labor Statistics reported that the consumer price index (CPI), a popular inflation gauge, increased in June to 2.7% on an annual basis as prices rose for consumers.
Critics of President Trump's tariff policies have been waiting for the import taxes to raise the inflation rate. That effect ...
WASHINGTON (AP) — Inflation rose last month to its highest level in four months as the cost of gas, food, and groceries rose, ...
Consumer prices rose 2.7% in June from a year earlier, the Labor Department said Tuesday, faster than May’s increase of 2.4%.
U.S. consumer prices likely picked up in June, potentially marking the start of a long-anticipated, tariff-induced increase ...