Millions of Americans braced for runaway inflation in response to President Donald Trump's aggressive import tariffs. They're still waiting.

Trump's tariffs amounted to an average tax increase of $1,000 per U.S. household in 2025, according to a new analysis.

By Michael S. Derby Feb 12 (Reuters) - Americans are shouldering almost all of President Donald Trump’s import tax surge, a report from the Federal Reserve Bank of New York said on Thursday. The bank said 90% of the tariffs imposed by the president on imported goods are borne by American consumers and companies.

Jan 5 (Reuters) - The sharp increase in tariffs imposed ‌last year by the Trump administration ‌may reduce inflation rather than increase it, according to research published Monday by the San Francisco Federal Reserve Bank, suggesting that ...

The US had nearly beaten back inflation, but tariffs are expected to revive it. After soaring to 6.5% in 2022 (the highest since 1981), PCE inflation dropped to 3.8% in 2023 and 2.6% in 2024. It’s expected to average about 2.6% for 2025. But with ...

US inflation unexpectedly cooled in November, according to a delayed report, although economists warned against reading too much into the numbers because of gaps in the data. The Consumer Price Index rose 2.7% in November over the past 12 months, down from ...

This is part two of our Forum feature about what the media is getting wrong when it reports on the economy. Part two, because you, our readers, had a lot to say. Specifically, we asked you about what "affordability" means, how the economy is affecting you ...

FRANKFURT, Feb 10 (Reuters) - U.S. tariffs are weighing on euro zone growth and inflation but the most affected sectors are also sensitive to interest rates, so cutting borrowing costs could offset the downward price pressures,