Recent inflation reports suggest Trump could face the same inflation challenges as former President Joe Biden.

Stocks rose on the data because despite the hotter number on the surface, the latest PPI report and Wednesday’s consumer price index data point to a softer PCE price index than traders feared. That ...

He said U.S. inflation appears to have heated up after the Fed cut interest rates by a total of 100 basis points late last year and so “finger pointing on the rate cuts will intensify, and market ...

U.S. wholesale prices came in hotter than expected last month with progress against inflation appearing to have stalled , ...

Donald Trump's trade advisers Wednesday were working on plans for the reciprocal tariffs the US president has vowed to impose on every country that charges duties on US imports, ratcheting up fears of ...

The American president said the two leaders spoke by phone Wednesday. A Bank of Canada survey in December indicated firms like Wellmaster are downgrading their sales outlooks, and scrapping investment ...

If Trump’s tariffs on Canadian imports, like lumber, take effect, Americans can expect continued price increases in the homebuilding sector. Supply and demand imbalances remain a key driver for higher ...

Inflation increased by 0.5 per cent in January from a month earlier, while core inflation rose by 0.4 per cent. Read more at ...

“Core” C.P.I., which more closely reflects underlying inflation by removing volatile food and energy prices, also showed ...

Expectations for rate cuts were recalibrated after CPI, with markets now predicting the Fed will hold rates steady until well into the second half of 2025.

Inflation rose unexpectedly in January, with the Consumer Price Index rising 3% over the last 12 months, up from 2.9% in December. Forecasters had expected inflation to slow down, but prices for food, ...