Latest in Inflation Nightmare
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Why the Fed’s inflation fight could be a victim of Trump’s tariffs and tax cuts
Trump is moving fast and breaking things. That’s creating more chaos than progress.MarketWatch - 1d -
How do Americans feel about inflation, tariffs, spending cuts?
President Trump is expected to lay out his legislative priorities during his address to Congress tonight. CBS News polling has some insights on what Americans want to see from lawmakers. CBS News ...CBS News - 1d -
Fact-checking Trump's claims on inflation, Biden's electric vehicle policy
President Trump made claims during his address to Congress about the history of U.S. inflation and about the electric vehicle policy under former President Joe Biden. CBS News' Rhona Tarrant has more.CBS News - 20h -
Inflation and interest rates tracker: see how your country compares
Inflationary pressures are beginning to wane but not all central banks have taken action yet. See how this affects youFinancial Times - 3h -
Interest Rate Cuts on Hold Till Inflation Improves, Fed Meeting Minutes Show
Officials are debating when to restart interest rate cuts, as high prices linger and Trump’s policies add to economic uncertainty.The New York Times - Feb. 20 -
Japan's inflation rate climbs to a 2-year high of 4% in January, supporting rate hike calls from BOJ members
Core inflation — which excludes prices of fresh food — rose to 3.2% from 3% in the prior month and beat economists' expectations of 3.1%, according to a Reuters poll.CNBC - Feb. 21 -
Most say health care costs, inflation biggest issue facing Americans: Pew
A new survey from Pew Research Center has found that most Americans think inflation, health care cost, and the federal budget deficit are major issues confronting the nation. Of those polled, 45 ...The Hill - Feb. 21 -
Consumer confidence dips in Trump's first month as tariff threats drive inflation fears
Consumers’ attitude toward the economy dipped during President Trump’s first month in office, according to the University of Michigan’s monthly consumer survey released Friday. Consumer sentiment ...The Hill - Feb. 21 -
Consumer confidence sinks to 8-month low on worries about inflation and Trump tariffs
A postelection high in consumer confidence after the election of Donald Trump has petered out, as the public digests major upheavals in U.S. economic policies by the new White House.MarketWatch - Feb. 25 -
Fed’s Barkin says interest rates may have to rise to combat inflation headwinds
Barkin said he understands that the fight against inflation has been long, but that “it is critical that we remain steadfast.”MarketWatch - Feb. 25 -
No ‘golden age’ is coming. Trump’s tariffs will hit Americans with higher interest rates and more inflation.
Protectionism won’t make us rich — especially if tariffs launch a trade war.MarketWatch - Feb. 25 -
China likely to cut inflation outlook to two-decade low, lay out stimulus plans at 'Two Sessions' meeting
Beijing is expected to revise down its annual consumer price inflation target to around 2% — the lowest in more than two decades — from 3% or higher in prior years.CNBC - Feb. 27 -
The Fed’s favorite tool to track inflation unlikely to offer ammo for reducing U.S. interest rates
The latest look at U.S. inflation is unlikely to ease the worries on Wall Street, but it probably won’t add to the jitters.MarketWatch - 6d -
Most Americans say income is not keeping up with inflation, CBS News poll finds
Most Americans believe their incomes aren't keeping pace with inflation, according to a new CBS News poll. CBS News executive director of elections and surveys Anthony Salvanto unpacks the findings.CBS News - 6d -
Bank of England rate setter warns of higher UK inflation risk driven by wages
Deputy governor Dave Ramsden says interest rate cuts must be gradualFinancial Times - 6d -
Euro zone inflation dips to 2.4% in February as ECB bets point to sixth rate cut
Economists surveyed by Reuters had been expecting inflation to ease to 2.3% in February.CNBC - 3d -
Trump’s tariff talk is raising inflation and could weaken the economy, ISM finds: ‘Customers are pausing on new orders’
The specter of rising U.S. inflation reared its head in February as the cost of supplies for U.S. manufacturers jumped to more than a 2 1/2-year high in response to new or threatened tariffs by ...MarketWatch - 3d -
Inflation will move toward 2% target, but risks to outlook are rising, says Fed's Musalem
The risks for higher inflation are on the rise, St. Louis Federal Reserve President Alberto Musalem said Monday.CNBC - 2d -
Trump's Mexico, Canada tariffs are 'clearly' going to cause inflation, says shipping giant Maersk
There will 'clearly' be an inflationary impact from President Trump's tariffs on Mexico, Canada and China, according to shipping giant Maersk.CNBC - 1d -
U.S. economy is still growing, ISM says, even as Trump tariffs generate ‘great uncertainty’ and fuel further inflation
The large service side of the U.S. economy that employs most Americans grew in February, but businesses said they were nervous about the Trump tariffs and were already facing higher costs.MarketWatch - 1d -
Weakening UK demand could help bear down on inflation, says BoE governor
Andrew Bailey plays down risks of self-reinforcing acceleration in price growthFinancial Times - 23h -
Turkey cuts interest rates to 42.5% after inflation falls to 2-year low
Borrowing costs reduced for third month running after price rises ease to below 40% for first time since June 2023Financial Times - 3h -
Should you open a high-yield savings account with inflation rising again? Here's what experts think.
A high-yield savings account can help offset some higher costs due to rising inflation. Here's what to know now.CBS News - 48m