The low variation of the growth of the PCE and CPI indexes during the periods when the Fed has actively managed inflation is ...

The Federal Reserve has spent the past three years proving it can bring inflation down through tighter monetary policy. But President Donald Trump’s sweeping Liberation Day tariffs could spark a new ...

Tariffs have long been treated as a straightforward recipe for higher prices, a kind of tax on trade that inevitably trickles down to shoppers. New research is complicating that story, suggesting that ...