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.