Washington, D.C.-based Tax Foundation estimated tariffs from President Donald Trump’s first term (and often retained by ...

Several economic forecasts for 2025 have been scaled down in recent weeks as a new presidential administration has made many ...

Inflation has eased in various parts of the ... housing market crashes and sudden drops in the supply of goods can all cause economic recession. Even the widespread belief that the economy will ...

What do you mean by price inflation? Price inflation is seen as the increase in the price of standardised goods and services over a specific period of time, usually one year. What are the primary ...

Prices tend to go up over time, and it’s a sign of something happening in our economy—inflation. Inflation is a measure of how much prices for goods and services are rising over a given period of time ...

Fox Business host Stuart Varney pushed back on Commerce Secretary Howard Lutnick after the Trump administration official ...

Trump’s tariffs are stoking anxiety. The University of Michigan's consumer sentiment index fell 10.5% on a monthly basis in ...

Tariffs could lead to higher inflation, which would normally lead to higher rates. But a trade war could also hurt growth and cause a deterioration in the labor market, which typically leads to ...

February's Consumer Price Index (CPI) report showed inflation pressures eased in February, calming some fears about the health of the US economy during a rocky few weeks for markets. The latest ...

One cause for concern, though: The Fed still isn’t done bringing inflation to target, and the threat of a global trade war sparked by the Trump administration could jack up consumer prices further.

Last Thursday, Treasury Secretary Scott Bessent insisted the tariffs might cause some one-off price increases but would not show up as persistent inflation. He suggested the Fed’s “Team ...