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 ...

Meanwhile, the odds of a cut coming at the next Fed meeting stand at less than 5%. Put another way, the market gives a 95% chance to the Fed standing pat when it meets in late July.

Is tariff inflation lagging, only to then burst and slip away?Or is it here to stay?💵💰Don't miss the move: Subscribe to ...

With all the crosscurrents, the responsible solution is for policymakers to wait for more evidence, and that’s exactly what ...

As part of his campaign to get rid of Jerome Powell, President Donald Trump has blamed the Federal Reserve chair for costing the country “hundreds of billions of dollars” by not slashing interest ...

The case for a U.S. interest rate cut remains unresolved as Federal Reserve officials head into their policy meeting later ...

What is clear is that the current 4.33% median Fed funds target rate remains well above the inflation trend. Even after the ...

Donald Trump has suggested Jerome Powell could be sacked for fraud as pressure builds on the Federal Reserve chairman over a ...

Top News Why the June CPI Isn't a Gamechanger for the Fed The June inflation data is likely to keep Federal Reserve officials cautious , open to cutting interest rates later this year without ...

Rising prices across an array of goods from coffee to audio equipment to home furnishings pulled inflation higher.

Leading economists react to June's Consumer Price Index report, which showed that inflation was largely in line with expectations, while speculating on what this means for Federal Reserve policy and ...

Hang Seng Index extends gains as Nvidia and AMD boost tech optimism; Fed rate cut bets fall after hotter-than-expected US inflation.