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Christopher J. Waller argued that the effect of tariffs on prices could be short-lived, but he warned about a bigger hit to ...
The last time inflation expectations ran that high was in 1981, toward the end of a historic period of high prices, ...
Inflation cooled in March, but economists expect prices to reaccelerate as some of President Trump's tariffs kick in.
Fed governor Chris Waller warned that inflation could surge this year near 5% and economic growth could 'slow to a crawl' if the effective tariff rate remains at 25%. He believes the central bank may ...
Policymakers and economists say the latest data is only a temporary reprieve as tariffs could stoke higher inflation.
WASHINGTON (AP) — U.S. inflation declined last month as the cost of gas, airline fares, and hotel rooms fell, a sign that ...
These are today's mortgage and refinance rates. In spite of new promising inflation data, mortgage rates spiked last week.
The Labor Department is reporting that its producer price index — which tracks inflation before it hits consumers — was fell ...
Inflation slowed to 2.4% in the 12 months through March, as measured by the consumer-price index. That undershot the 2.6% ...
The inflation rate tends to influence multiple aspects of the economy. For example, a rise in inflation can lead to market ...
Consumer prices unexpectedly declined from a month earlier, while a fall in gasoline prices pushed the energy index lower.