Inflation, tariffs
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June’s U.S. CPI print showed that there is evidence of inflation pressures in the product categories that are most exposed to tariffs, according to Arch Capital's Parker Ross.
National Economic Council Director Kevin Hassett, a top economic advisor to Trump, on Monday rebuked concerns about tariff-related inflation. The Fed, Hassett told CNBC, has been "very, very wrong" in its assessment of a potential resurgence of price increases.
Inflation rose in June as President Donald Trump’s tariffs began to push up the prices of certain goods, undermining his attempts to pressure Federal Reserve Chair Jerome Powell to lower interest rates. The Consumer Price Index increased at an annual ...
The economy and the markets are "under surveillance" as we cover the latest in finance, economics and investment.
The euro hit a three-week low on Monday before recovering to trade little changed on the day, while the dollar was steady against a basket of currencies, as traders largely shrugged off new tariffs ahead of key U.
Helen of Troy’s stock was tumbling toward a 14-year low Thursday, after the company said tariff-related impacts hurt consumer spending and led to a sales miss and a downbeat outlook.
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Peter Boockvar, Bleakley Financial Group chief investment officer, CNBC Contributor, joins 'Fast Money' to talk the impact of the latest round of tariff threats, hit top plays in this market, and more.
Japan's June core inflation likely slowed but remained above the central bank's 2% target, a Reuters poll showed, keeping it under pressure to resume interest rate hikes as U.S. trade tariffs threaten an already fragile economy.