Stocks skyrocketed to record heights following a positive US inflation report, fueling hopes of interest rate cuts by the Federal Reserve. Global markets are surging, with notable gains in Asia.
US prices rose by 2.7% in July as tariffs imposed by Donald Trump begin to ripple through the economy, impacting everything from food costs to job figures. Discover how these changes are affecting consumers and the labor market.
U.S. consumer prices are projected to rise in June, signaling a potential inflation increase due to new tariffs. This could impact Federal Reserve interest rate decisions. Find out what economists are predicting!
March's Consumer Price Index reveals a surprising slowdown in inflation, but experts warn that the upcoming impacts of Trump's tariff increases could spell trouble for American consumers.
