News

Fed expected to keep rates steady as tariff risks outweigh inflation data
The Federal Reserve is widely expected to hold interest rates steady next week, with investors focused on new central bank ...
U.S. Inflation Remains Muted, With Limited Effects From Tariffs
The Consumer Price Index rose 2.4 percent in May, from a year earlier, a reading that reflects only the initial impact of ...
Fmr. Treasury Secretary Janet Yellen: Tariffs could push inflation to 3%
Former Treasury Secretary and Federal Reserve Chair Janet Yellen expects inflation to rise to “at least 3% or slightly over” ...
CPI report reveals inflation crept higher in May as tariff impact was tamer than expected
Inflation moved up in May as Trump's tariffs threatened to filter into consumer prices, CPI report shows. Gasoline prices ...
US to slap 50% tariffs on household appliances; experts warn of inflation, retaliation risks
A range of imported household appliances including dishwashers, washing machines, refrigerators and more will be subject to the US’s expanded steel tariffs starting later this month, Reuters reported ...
The May CPI is expected to reflect initial tariff effects, but not by much
Economists and investors for possible effects of tariffs on prices when the Bureau of Labor Statistics release May’s consumer ...
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Poloz links rising unemployment to inflation risks and counter-tariffs
Canada’s unemployment rate rose to 7% in May, and more layoffs may follow, according to former Bank of Canada Governor ...
US Core Inflation Rises Less Than Forecast for Fourth Month
Underlying US inflation rose in May by less than forecast for the fourth month in a row, suggesting companies are finding ...