Inflation remained stubbornly high in June, according to data released by the Commerce Department on Thursday, as President Donald Trump’s tariffs begin to ripple through the broader economy.

President Donald Trump may see lower Federal Reserve interest rates as a fix for two politically potent problems, the cost of ...

The Reserve Bank’s preferred measure of inflation, the so-called trimmed mean, today fell to its lowest level since December 2021, with headline rates at 2.1 per cent, down from 2.4 per cent in the ...

The Senate voted yesterday to advance debate on a package to claw back funds allocated for public broadcasting and foreign ...

The latest federal data show the CPI increasing 2.7% over the previous 12 months, outpacing the 2.4% May figure and raising questions around the impact of trade uncertainty.

The Senate voted yesterday to advance debate on a package to claw back funds allocated for public broadcasting and foreign aid. And, a report shows inflation increased in June.

The Federal Reserve’s preferred inflation gauge ticked up slightly in June as tariffs on imports started raising the cost of ...