Inflation will very likely rebound from April's reading of 2.3% over the remainder of the year due to tariffs. Read why and ...

Fed officials have largely expected that Trump's trade policies will have a stagflationary effect on the U.S. economy, ...

Heightened uncertainty over tariffs, the direction of oil prices and their impacts on inflation is giving way to a risk that ...

Retail sales fell sharply in May as consumers pulled back after a sharp increase in spending in March to get ahead of ...

Retail sales saw a significant 0.9% decline in May following increased consumer spending in March, prompted by impending ...

With the outlook uncertain, Fed policymakers are expected to keep their key interest rate unchanged on Wednesday at about 4.4%.

Amid all this, Trump has, as usual, been pressuring the Fed and its chair, Jerome Powell, to lower interest rates. Vice ...