Financial experts worry the tariffs will slow the economy and increase inflation, leaving the Fed in a difficult position.

Surging U.S. tariffs will weaken the global economy and push up inflation this year, according to projections to be released ...

Kelsey Meyers started thrifting when she had her first child 20 years ago. Now 38 and a mom of four, she still buys most ...

Jerome H. Powell warned that President Trump’s tariffs could lead to a “challenging scenario” for the central bank.

Christopher J. Waller argued that the effect of tariffs on prices could be short-lived, but he warned about a bigger hit to ...

Wall Street tumbled after Fed Chair Jerome Powell warned about the impact of tariffs and Nvidia issued sobering guidance.

The Bank of England has forecast inflation to rise further this year to 3.7%, and stay above its 2% target until the end of ...

US wholesale prices fell last month, new data showed Friday, an indication that inflationary pressures weren’t necessarily ...

Inflation is likely to pick up because of President Donald Trump’s sweeping tariffs, and could remain elevated, Federal ...

WASHINGTON (AP) — U.S. inflation declined last month as the cost of gas, airline fares, and hotel rooms fell, a sign that ...

American consumers expect prices to rise by 6.7% over the next year, according to a closely watched survey of consumer sentiment from the University of Michigan. The inflation expectation figure is ...

The head of a Connecticut food bank says hard times have led to former donors turning to their services for help.