The latest US government inflation report revealed that the prices of products in the country continued to rise in September at an annual rate of 3 per cent.

The numbers come as Trump has said the tariffs have improved the economy, but he canceled all talks with Canada

The recent inflation reading of 3% represents moderate price growth, which is above the Federal Reserve’s long-term target of 2% but well below the elevated rates seen in 2022 and early 2023. At this level,

With the exception of goldbugs, almost everyone seems to have abandoned their inflation worries. The Federal Reserve is easing again, Wall Street stocks and bonds are rising in tandem, and even the bruised dollar has perked up a bit.

In September, prices rose by 3% year-on-year, above the 2% target. Wall Street judged that this level would not prevent an interest rate cut and responded with a rally. However, inflationary pressures could continue to be fueled by tariffs.

Several states are sending taxpayers money to help them cope with inflation, but some economists warn that the payments will do little to alleviate the pain of rising costs and could further fuel inflation. In California, for example, about 23 million ...

By Francesco Canepa and Howard Schneider FRANKFURT/WASHINGTON (Reuters) -U.S. companies and consumers are bearing the brunt of the country's new import tariffs, early indications show, contradicting assertions by President Donald Trump and complicating the Federal Reserve's fight against inflation.

President Donald Trump’s power grab at the Federal Reserve has sounded alarms across the monetary policy world — but not in one corner of the bond market where they might have made a difference. Investors aren’t pricing in higher inflation for the ...

A new AP–NORC poll finds that Americans are increasingly worried about their financial security and job prospects under President Donald Trump.