Optimistic
Last updated: 2026-10-08 14:40:30 ET
Tariffs added 2.9 percentage points to inflation in 67 categories of goods by February 2026, researchers at the New York Federal Reserve found.
Wages aren’t rising at a rate that would trigger inflation alarms, European Central Bank Chief Economist Philip Lane said Thursday.
The Federal Reserve is poised to raise interest rates further as it seeks to tame inflation, but that is unlikely to happen until the end of the year.
Inflation is cooler than it was four years ago, but voters are still paying much higher prices.
Policymakers grew increasingly concerned about inflation risks at their most recent meeting in September.
September’s rate hike was viewed by many officials as needed just in case inflation remains sticky.
The officials unanimously agreed that inflation was still elevated and had not made much progress toward their 2% target in recent months, the minutes...
Most Federal Reserve officials expect that another interest rate increase will likely be needed this year to combat inflation, minutes released Wednes...
The Survey of Consumer Expectations indicated that the median outlook for inflation over the next 12 months rose to 3.9%.
U.S. stock markets hit a record high Tuesday amid major inflation and skyrocketing fuel prices. CBS News business analyst Jill Schlesinger breaks down...
Unlock the AI Macro Analyst to drill down into the data, explore hidden risks, and query the entire market briefing in real-time.
LOG IN / SUBSCRIBE