Lowering interest rates while simultaneously raising tariffs could stoke higher inflation, and undo all of DOGE's work.

On the day of a poor set of US consumer price inflation data for January, Powell said the Fed had made “great progress” in getting inflation down but had not quite met its goals. He was quite right ...

Since Mr Trump’s election, that figure has surged by 1.7 percentage points—the joint-largest three-month rise since 1979, ...

Americans are facing higher costs. Trump was elected on promises to lower prices for inflation-weary consumers and high ...

US inflation picked up broadly at the start of the year, further undercutting chances of multiple Federal Reserve ...

Inflation heated up more than expected in January, as prices for groceries, housing and energy all rose for Americans in ...

While the Fed’s interest rate cuts could help ease some pressure on the housing market, its ability to address rising housing ...

The hotter-than-expected January CPI data will make the Federal Reserve more cautious about inflation risks, with more Fed ...

The so-called core inflation measure, which excludes the more volatile food and energy costs, also picked up in January. Core CPI was 3.3% year over year in January, according to Wednesday’s data.

The latest Consumer Price Index report showed that U.S. inflation increased more than expected to 3.0% in January. Analysts ...

Last summer's fleeting confidence in inflation has long since evaporated at the Federal Reserve. Tariffs aren't helping, but ...