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That’s the six-word verdict from Apollo’s chief economist Torsten Sløk on where U.S. inflation is headed. Sløk feels the worst impacts of President Trump’s tariffs still lie ahead. Prices, he warns, ...
What’s more, businesses stockpiled inventory in advance of the deadline and Customs and Border Protection allows many importers to delay payments for up to a month and a half. Hence, many forecasters ...
Americans are less worried about the economy and inflation as they shrug off President Donald Trump’s tariffs, according to the University of Michigan’s ...
But, for now at least, a steady if unspectacular job market and a stock market hitting new highs appears to be enough to keep ...
Investor sentiment has been infected by a complacency about the stock market. If this doesn't change soon, it could result in ...
Monetary policymakers have held off on lower interest rates for months, citing the risk of tariff-induced inflation. Several ...
U.S. retail sales rebounded more than expected in June, suggesting a modest improvement in economic activity and giving the ...
Signs of economic improvement also include steady job growth and a dip in first-time applications for unemployment benefits.
Investor sentiment has been infected by a complacency about the stock market. If this doesn't change soon, it could result in ...
The pause on many tariffs was supposed to end this week, but it didn't. Despite that, reports still indicate that tariffs have caused a notable recent spike in inflation.
U.S. Core CPI was lighter than expected for the fifth straight month as slowing services inflation helped to offset higher ...
US producer prices were unexpectedly unchanged in June as a tariff-driven increase in the cost of goods such as communication and related equipment was offset by softening demand for travel services, ...