A hot April inflation report fueled by soaring energy prices is complicating incoming Fed Chair Kevin Warsh’s push for Fed rate cuts in 2026 and reshapes 2027.
U.S. inflation data came in hotter than expected on Wednesday, reinforcing expectations that the Federal Reserve will keep interest rates steady at 350-375bps not only at its June 17 meeting, but also ...
CNBC editor Rick Santelli said Tuesday that tariffs imposed by President Donald Trump apparently were not causing inflation to skyrocket following the release of data on consumer prices. The Consumer ...
Vice President Kamala Harris blamed price-gouging for high food prices, though experts say Biden administration policies are to blame for the high cost of living and for inflation. “I will work to ...
It’s still too soon for the Federal Reserve to consider lowering interest rates, Chair Jerome Powell said Tuesday. “Policy changes continue to evolve, and their effects on the economy remain uncertain ...
Speaking at the MFA Policy Outlook 2025 conference, Miran outlined a data-driven case against the tariff-inflation link. He argued that if tariffs were a major factor, goods subject to import duties ...