You're Welcome, World: U.S. Tariffs May Cool Inflation for the Rest of the Global Economy

You're welcome, world: U.S. tariffs may cool inflation for the rest of the global economy

President Donald Trump’s tariffs haven’t hiked prices as much as expected, so far, but inflation in the U.S. is still ticking higher, representing an obstacle for highly anticipated rate cuts from the Federal Reserve. Meanwhile, the effect of the tariffs on the rest of the world could be slightly disinflationary, according to Capital Economics. As American consumers and the Federal Reserve grapple with President Donald Trump’s tariffs and their …

'He lies every time!' MAGA analyst slapped down on CNN as she spins plunging economy

President Donald Trump's policies are doing more damage to the economy than his administration is letting on, a CNN panel argued on Thursday. According to the latest inflation data, producer prices increased by 3.3% over the last year. That means businesses are paying more for the materials they use to make products for consumers. Hiring has also slowed considerably, the figures from the Bureau of Labor Statistics suggest. Trump declared on Thur…

Inflation report spurs mixed narratives on US economy

US inflation numbers up modestly, tariffs will help shape future data.

US inflation flat in July as gas, grocery prices fall

U.S. inflation was unchanged in July as rising prices for some imported goods were balanced by falling gas and grocery prices, leaving overall prices modestly higher than a year ago.

Inflation Holds Steady; Core Prices Rise | Corp! Magazine

Did inflation increase last month? The answer to that question depends on which mark you’re watching. According to statistics released by the Labor Department Tuesday, consumer prices rose 2.7% from July 2024. That’s the same as the previous month, and still up from a pandemic low of 2.3% in April. But when the more volatile […]

Inflation Proves Hard To Tame As Tariff Effects Hit U.S. Economy

Inflation is not surging out of control, with the headline number holding steady at 2.7% in July from a year ago.