Core inflation — which strips out energy and food prices, which can be volatile categories — was at 2.8% in April. "I think ...

Treasury Secretary Scott Bessent warned on Sunday that tariff rates will go back to "reciprocal" levels if countries do not ...

However, economists warn it's not a matter of if, but when, tariffs levied by President Donald Trump start to reignite inflation ... A 10% average tariff rate would add as much as 1 percentage ...