Jun 11, 2025
Inflation barely rose last month as cheaper gas and cars offset some costlier imports
U.S. inflation edged up to 2.4% in May, with groceries rising but gas and rent costs falling. Trump’s tariffs haven’t hit prices hard—yet.
May 13, 2025
Inflation cooled again even as some tariffs took effect. But economists don’t expect that to last
U.S. inflation cooled to 2.3% in April, its lowest in four years, despite new tariffs. Economists expect price hikes by summer as trade effects deepen.
May 7, 2025
Fed holds rates steady amid tariff-driven inflation risk
The Fed keeps interest rates unchanged as it weighs Trump’s tariffs, inflation risk, and economic uncertainty before deciding on possible future cuts.