inflation News Updates

GovernmentBusiness

Key Inflation Gauge Rises as Tariffs Lift Consumer Prices

Prices rose 2.6% in June compared with a year ago, the Commerce Department said July 31, up from an annual pace of 2.4% in May.

July 31, 2025
GovernmentBusiness

Trump Presses Powell to Lower Interest Rates During Tour

The pair spoke to reporters while overseeing restoration work being done at the Fed's headquarters, with the president and the central bank leader almost immediately arguing over its cost.

July 24, 2025
GovernmentBusinessLogistics

Tariffs Split Fed Officials on Rate-Cut Outlook

Policymakers pointed to “considerable uncertainty” about the timing, size and duration of the tariffs’ potential effects on inflation, the minutes showed.

July 9, 2025
GovernmentBusiness

Trump Says Powell Should Resign if He Misled Congress

“Then he should resign immediately,” Trump said when asked about the allegations that Powell mischaracterized details about renovations at the Fed’s headquarters.

July 8, 2025
GovernmentBusinessTechnologyEquipmentLogistics

Powell: Tariff Impact on Prices Still Unclear

Federal Reserve Chair Jerome Powell on June 25 said the U.S. central bank is still struggling to determine the impact of tariffs on consumer prices.

June 25, 2025
GovernmentBusinessEquipmentFuelLogistics

Producer Price Index Rises Less Than Forecast in May

The Labor Department reported June 12 that its producer price index rose 2.6% in May. Producer prices rose 0.1% from April to May after dropping 0.2% the month before.

June 12, 2025
GovernmentBusiness

Consumers See Lower Inflation Ahead Across All Horizons

The responses to a Federal Reserve Bank of New York survey came as President Donald Trump struck a deal that significantly — though temporarily — lowered tariffs on imports from China.

June 9, 2025
GovernmentBusiness

Key Inflation Gauge Cools in April

A key U.S. inflation gauge slowed last month as President Donald Trump’s tariffs have yet to noticeably push up prices, while American incomes jumped.

May 30, 2025
GovernmentBusiness

Fed Signals No Rate Cuts Before September

Two Federal Reserve officials, including New York Fed chief John Williams, suggested policymakers may not be ready to lower interest rates before September.

May 19, 2025
GovernmentBusiness

Inflation Slows, but Economists Say Tariff Impacts to Come

Inflation cooled for the third straight month in April even after some U.S. tariffs took effect, though economists and many business owners expect inflation will climb in the coming months.

May 13, 2025