A debate over inflation is once again turning on the question of whether any price rise from Trump's tariffs would be fleeting or not.

Inflation remained stubbornly high in June, according to data released by the Commerce Department on Thursday, as President Donald Trump’s tariffs begin to ripple through the broader economy.

The price index was the latest indication that President Trump’s tariffs are beginning to show up in consumer prices.

Prices for goods rose in June as businesses passed the cost of tariffs on to customers, according to the Federal Reserve's ...

So much for the Fed's predictions, back in September, that price-inflation would be at 2 percent in no time at all.

The Reserve Bank’s preferred measure of inflation, the so-called trimmed mean, today fell to its lowest level since December 2021, with headline rates at 2.1 per cent, down from 2.4 per cent in the ...

The Senate voted yesterday to advance debate on a package to claw back funds allocated for public broadcasting and foreign aid. And, a report shows inflation increased in June.

The personal consumption expenditures (PCE) price index, the Federal Reserve's preferred inflation measure, rose 2.5% in January on an annual basis, matching economists' expectations and providing ...

In June 2022, U.S. inflation rates reached 40-year highs. During the following two years, ‘immaculate disinflation’ saw both the Consumer Price Index and Personal Consumption Expenditures ...

The Senate voted yesterday to advance debate on a package to claw back funds allocated for public broadcasting and foreign aid. And, a report shows inflation increased in June.