The Latest Breaking News from Inflation

Lets in rent control areas would be limited to rises of the rate of inflation plus 1% up to a maximum of 6%.

June S&P 500 E-Mini futures (ESM25) are down -3.29%, and June Nasdaq 100 E-Mini futures (NQM25) are down -3.81% this morning as worries over the economic fallout of U.S. President Donald Trump’s sweeping tariffs continue to weigh on sentiment.

Recession fears are mounting, and anxiety is high – but the president remains unmoved by criticism of his trade plans

Inflation has been top of mind for lots of folks in recent years. Most of Wall Street follows the CPI, but the Fed favors the PCE. Here's why.

Top indices see worst two-day stretch since COVID pandemic, as Fed chair warns of increased inflation and unemployment.

The dollar index (DXY00 ) Friday rose by +1.06%. The dollar on Friday recovered from early losses and rallied moderately, rebounding from Thursday’s 6-month low. Short covering emerged in the dollar Friday after US March payrolls rose more than expected, a hawkish factor for Fed policy. The dollar added to...

"Higher inflation and slower growth" are likely to be here a while, the Fed chair said Friday.

Fed Chair Jerome Powell said the impact of Trump's tariffs are "significantly larger than expected" and that the central bank's job is to prevent them from boost inflation

While the US economy remains robust, Jerome Powell cautions there is high uncertainty over its direction