The Dow plunges as inflation runs hotter than expected
The Dow dropped by 150 points Wednesday afternoon as the latest inflation data was higher than expected. The report comes as the ongoing tariff war has already raised fears among investors about ...
Bank of Canada: GDP level would be permanently hit by protracted U.S. trade war
Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions ...
With High Prices Persisting, Trump Tempers Tone on Slaying Inflation
President Trump pledged to lower costs on “Day 1” as a candidate. His administration now acknowledges it will take more time.
Fed's Bostic: Not comfortable cutting rates again until there is more clarity on inflation, other policies
Atlanta Federal Reserve President Raphael Bostic said on Wednesday it is not clear when the Fed can cut interest rates again ...
BoE's Greene: hesitant to say a trade war is helpful for inflation
It's less likely inflation persistence will fade on its own accord, and more likely monetary policy will need to remain ...
Instead of taking aim at inflation, Trump has returned to his familiar culture war fights
Donald Trump’s immigration policies, including mass deportations and building a detention center for immigrants, are met with ...
January inflation ticks up to 3% annually as cost of groceries, gas, used cars rise
The latest Consumer Price Index report shows inflation ticked up to 3% in January from a year ago, a slight rise from the ...
World Inflation Is at Risk of Rekindling With Trump’s Trade War
The more President Donald Trump threatens tariffs on the US’s trading partners, the more the worry of another inflation wave ...
Bank of England Cuts Rates While Warning of Inflation and Trade War Risks
The central bank cut rates for the third time in about six months as it said economic growth had been weaker than expected.