Ultimately, those who respond with flexibility and foresight—whether businesses or consumers—will be best positioned to ...

Consumer spending slowed despite rising incomes, potentially an early reaction to higher prices on some imported goods.

WASHINGTON (AP) — A key U.S. inflation gauge slowed last month as President Donald Trump’s tariffs have yet to noticeably ...

Economists at Bank of America and Goldman Sachs forecast inflation will shoot up to more than 3.5% by year’s end.

President Trump’s tariffs have been set at 10 percent, with the possibility of it being the final landing place, but this may ...

Federal Reserve Bank of Chicago President Austan Goolsbee warned that new tariff policies would drive up prices, though their inflationary impact could be temporary.

Rosner-Warburton noted that some prices fell as business weakened, particularly in travel. Air fares and hotel prices dropped noticeably last month, contributing to lower inflation, but that may have ...

Fed officials, who focus more on core prices, broadly support keeping their key interest rate steady while they evaluate the impact of the tariffs on inflation and jobs. Consumer spending rose 0.2 ...

WASHINGTON (AP) — A key U.S. inflation gauge slowed last month ... The big increase in durable goods prices could reflect the early impact of tariffs. Americans also cut back their spending ...