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Summers Warns of ‘Massive Inflation Psychology’ From Trump Rates
Former Treasury Secretary Lawrence Summers warned that President Donald Trump’s preference for the Federal Reserve’s interest-rate setting would trigger a surge in expectations for inflation, driving up long-term borrowing costs.
Tariffs Are Quietly Doing Damage on Inflation. More Is to Come.
A number of factors, including a lack of significant gains in auto prices, are masking the extent of the shift.
The Fear Of Greater Inflation
June inflation hit 2.7% as tariffs bite. See why excess liquidity, new Fed pressure, and policy risks could fuel more inflation in the coming months.
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Fed's Kugler Says Tariff-Driven Inflation Should Leave the Fed on Pause
Federal Reserve governor Adriana Kugler said the Fed should hold interest rates steady for a while to come, because new trade barriers are likely to spark more inflation in the months ahead. Speaking at a housing conference in Washington,
Inflation accelerated in June as the Fed weighs the impact of tariffs in rate cut timing
The Bureau of Labor Statistics reported that the consumer price index (CPI), a popular inflation gauge, increased in June to 2.7% on an annual basis as prices rose for consumers.
The tariff-driven inflation that economists feared begins to emerge
Inflation rose last month to its highest level since February as President Donald Trump’s sweeping tariffs push up the cost of a range of goods, including furniture, clothing, and large appliances.
Wholesale Inflation Flat in June, Down Year to Year
The report on producer prices adds to a mixed picture for inflation as the economy adjusts to the imposition of import tariffs.
Wholesale Inflation Held Steady in June, Undershooting Forecasts
Factory-gate prices held steady in June, surprising economists. The producer-price index was flat last month, the Labor Department said, missing forecasts for a 0.2% rise. The index rose by a revised 0.
Inflation is rising but some experts says tariffs might not be the main culprit
Tariffs contributed modestly to the rise of inflation last month, analysts told ABC News, citing the price hikes in product categories made up primarily of imports. But, they added, overall price increases owed largely to a rise in housing and food products with little connection to tariffs.
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