The White House says that tariffs haven’t caused inflation in the world’s biggest economy, but a series of recent data releases this week could soon challenge that view. Import prices rose by 0.4% in ...
As part of a crackdown on people living in the country illegally, U.S. President Donald Trump has been stepping up ...
Federal Reserve Bank of Chicago President Austan Goolsbee warned that rising inflation could pose a stagflation risk if tariff-induced price hikes prove persistent.
Wages still trail inflation, but the gap has narrowed to 1.2 points from a peak of 4.8 in 2022. Since 2021, prices are up 22.7% vs. a 21.5% rise in wages. Only a few sectors—retail, health care, ...
Although economists expected the slight elevation in consumer prices, investors and families were hoping to be surprised. Until inflation slows dramatically, the Federal Reserve is unlikely to reduce ...
According to J.P. Morgan Global Research, the inflation caused by recently implemented tariffs has yet to fully show up in American economic readings.
Mass deportation of immigrants and undocumented workers might come with an unexpected side effect: inflation. That’s according to Moody Analytics’s chief economist Mark Zandi, who told Fortune [1] ...
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