News

Trump calls on ‘Too Late Powell’ to cut interest rates after benign inflation report—but impact of tariffs is yet to hit
April's inflation report will be welcome news to the FOMC—but that doesn't mean the Powell-led group will cut interest rates.
Inflation cooled again last month as grocery and gas prices fell, few signs of tariff impact yet
The report suggests the tariffs haven’t yet impacted the prices of many items. Clothing costs fell 0.2% from March to April, ...
Consumer-price inflation slows in April, but tariff impact on prices will linger
U.S. consumer price inflation eased again last month, suggesting little impact from President Donald Trump's tariff regime ...
Fed Official Still Bracing for Economic Shock Despite China Tariff Pause
Austan D. Goolsbee, president of the Chicago Fed, said there was still a risk of higher consumer prices and slower growth ...
Trump’s tariff war with Canada cuts into Upstate NY’s tourism economy
Syracuse, N.Y. – Upstate New York tourism officials are seeing signs that Canadians angered by President Donald Trump’s ...
What are tariffs and how do they impact consumers?
A tariff is a tax on imported goods that’s paid by the importing firm to its government. However, those costs often get ...
Fed's Musalem: Should not commit to rate cuts until tariff impact becomes certain
The Fed should not commit to further interest rate cuts until it is clear whether the Trump administration's tariff policies ...
US tariffs unlikely to have 'dramatic' UK impact, BoE chief economist says
U.S. tariffs are not likely to have a "dramatic" effect on Britain's economy and the Bank of England should not neglect ...
China unveils plans to fight tariffs’ impact
China announced a barrage of measures meant to counter the blow to its economy from U.S. President Donald Trump's trade war, ...
Public Broadcasting Service (PBS)5d
The impact Trump’s tariffs are already having on global supply chains and U.S. businesses
President Trump and British Prime Minister Keir Starmer announced a new trade agreement. Other countries, including China, ...
Fort Worth Business Press9h
The Potential Economic Impact of Sustained 30% Tariffs on Imports from China
After implementation of tariffs of up to 145% on all imports from China, negotiatorswere able to agree to a temporary ...
Inflation ticked slightly higher in April as tariff impact looms
The Bureau of Labor Statistics' latest consumer price index report showed that inflation ticked slightly higher in April as tariffs begin to have an economic impact.