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Tariffs contributed modestly to the rise of inflation last month, analysts told ABC News, citing the price hikes in product ...
President Donald Trump’s so-called “Liberation Day” tariffs are scheduled to take effect Aug. 1, following the expiration of ...
There are growing signs that President Trump’s levies are filtering through to consumer prices, as companies exhaust options ...
Tariffs pose rising inflation and rate cut risks for H2 2025 as CPI data hints at early price pressures in key goods. See why ...
The U.S. economy had generally been considered in good shape. By Friday afternoon, some experts were predicting a recession.
Trump's executive order late Thursday laid out rates to be applied against nearly 70 countries, ranging from 10% to 41% in ...
U.S. inflation increased in June as tariffs boosted prices for imported goods like household furniture and recreation ...
The administration has also maintained that the economy vindicates President Donald Trump’s tariffs. Vice President JD Vance ...
The central bank kept its target rate at a range of 4.25% to 4.50%, but two policymakers disagreed with the decision.
The June inflation report may be an early sign of that effect. "This marks the first inflation report where tariffs are beginning to show up materially in key categories — from appliances and ...
Consumer prices posted the biggest increase in June in five months and are likely to keep the Federal Reserve from cutting ...
June’s inflation bump may be the first sign that tariffs are starting to affect prices, but the real squeeze for consumers may still be ahead. The Labor Department announced July 15 that the ...