Tag: Inflation

White House says Trump tariffs on Canada, Mexico and China will come Saturday. No word on exemptions

WASHINGTON -- President Donald Trump will put in place 25% tariffs on imports from Canada and Mexico and 10% tariffs on goods from...

U.S. inflation ticked higher last month, in latest sign of persistent price pressures

WASHINGTON -- An inflation gauge closely watched by the Federal Reserve rose slightly last month, the latest sign that some consumer prices remain...

Fed likely to hold rates steady despite Trump call for cuts as it awaits tariff, immigration changes

WASHINGTON -- President Donald Trump may want lower interest rates, but the Federal Reserve will almost certainly keep its benchmark interest rate unchanged...

Federal Reserve expected to stand pat on rates even as Trump demands cuts

WASHINGTON -- The Federal Reserve is nearly certain to keep its key interest rate unchanged at its policy meeting this week, just a...

Trump says inflation isn't his No. 1 issue. So what will happen to consumer prices?

WASHINGTON -- Two months ago, in his first network television interview after the election, Donald Trump said he owed his victory to Americans'...

Bank of Japan raises interest rate to about 0.5%, citing higher wages and inflation

TOKYO -- The Bank of Japan raised its key interest rate to about 0.5% from 0.25% Friday, noting that inflation is holding at...