The 25% tariffs Trump was to impose on Mexico and Canada, joined with a 10% tariff on China, would have pushed up underlying ...

"I still think my ultimate where-we're-going-to-land is a fair bit below where we are today," Austan Goolsbee said at auto ...

From a technical standpoint, caution is advised. For AUD/USD, critical support sits at 0.6087—the lowest level seen so far in 2025. A breach of this support could send the pair spiralling toward the 0 ...

President Donald Trump's weekend announcement of tariffs on Mexico, Canada and China translating into a shock for market-based inflation expectations, prompting traders to now expect an annual ...

But goods inflation is important to consumers, who can vote with their wallet on whether to go out to the theaters (service) or to stay in and do some retail therapy online (goods). As the latter ...

LONDON - After reaching its highest level in decades in mid-2022, inflation in the United States and the eurozone fell sharply over the second half o ...

Overall prices were up but core inflation held steady as consumers spent more, saved less and pushed more debt to credit cards.

U.S. inflation increased by the most in eight months in December amid robust consumer spending on goods and services, ...

“The Fed’s prognosis is for a slower pace of monetary easing moving forward, as the economy is doing well and prices are only slowly returning to target in an environment of great uncertainty,” said ...

The Federal Reserve’s preferred inflation gauge moved even higher in December, driven in part by rising food and energy prices. However, a closely watched measurement of underlying inflation trends ...

This story has been updated with additional details. The Federal Reserve’s preferred inflation measure surged as predicted ...