Federal Reserve vice chairman Philip Jefferson said Wednesday that if the tariffs already unveiled by President Trump are sustained, it will cause "at least" a temporary increase in inflation. There are signs in the recent data of progress on inflation,

Trump has argued that inflation is down before. While it's steadily ebbed in recent years, prices are still rising faster than the Fed would like.

Investors eye more trade deals, updates from President Trump’s trip to the Middle East and fresh consumer inflation data after U.S. stocks soared Monday as investors celebrated major progress on U.S.-China trade talks.

Inflation was relatively flat as President Donald Trump's sweeping tariffs went into effect in April, with lower grocery prices helping keep overall costs in check. Monthly inflation increased just 0.

American consumers, battle-scarred by the pandemic and the subsequent surge in inflation, are already changing their spending patterns and delaying some purchases due to President Donald Trump’s chaotic tariff policy and the broader economic uncertainty,

The White House has said its agreements with the U.K. and China are starting points, but so far the Trump administration has given up more than it has gained.

Annualized inflation eased to a 2.3 percent pace, the lowest since early 2021. But the month-to-month pace of inflation increased.

Democrats and their media cheerleaders have been wailing for months that President Donald Trump’s tariff policies would ignite a wildfire of inflation, scorching American wallets. Yet, here we are, with fresh inflation numbers that slap their fearmongering narrative right across the face.