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Inflation and tariffs continue to affect the US economy, with prices still increasing despite a reduction in the rate of ...
Critics of President Trump's tariff policies have been waiting for the import taxes to raise the inflation rate. That effect ...
Tariffs contributed modestly to the rise of inflation last month, analysts told ABC News, citing the price hikes in product ...
A number of factors, including a lack of significant gains in auto prices, are masking the extent of the shift.
Consumer prices posted the biggest increase in June in five months and are likely to keep the Federal Reserve from cutting ...
New data showing price increases last month could foreshadow even higher costs if the president imposes steep tariffs on Aug.
Rising rents were the main driver of inflation in June. But the price of clothing, appliances and toys also jumped — which ...
Up until June, inflation had been on the decline. But the president's tariffs are having the effect that economists said they ...
Egg prices cooled significantly in June, deviating from an overall rise in prices. The price of eggs climbed 27% over the ...
Trade policy uncertainty, rising costs and soft demand weigh on freight and manufacturing, despite modest rebounds in ...
The Labor Department’s consumer price index for June showed overall inflation rose 2.7 percent from June 2024. That’s up from ...
Find out how experts are assessing the current and potential future impact of tariffs, and more — in our latest coverage from ...