Fed officials are increasingly split on rate cuts, though UBS's Paul Donovan says their indecision currently amounts to little more than “masterful inactivity.”

President Donald Trump fired back at Democrats on Wednesday over their inflation messaging, declaring on Truth Social that he “brought down costs more than any President in recorded history” and calling Democratic claims “a total LIE.

The US stock market just blew past every record in history, as the capitalization-to-GDP ratio hit 208% this week, jumping nearly 43 percentage points since April. That crushes the previous high of 206% from February and more than doubles the ratio from nine years ago.

The right to freedom of speech allows Trump to make demands of the Fed to his heart's content. But legally, he cannot compel the central bank to lower its benchmark interest rate. The Fed has the right to act independently, and its aim is to promote a healthy and stable economy by keeping inflation in check.

Many economists already believe it’s a matter of time before Americans start to see sticker shock from the tariffs President Donald Trump has enacted. That timeline could speed up even more if Trump follows through with his latest package of tariff threats slated to take effect in three weeks.

Key Takeaways A June report on the Consumer Price Index should show a bump in the inflation rate, possibly due to the impact of President Donald Trump's tariffs.Some forecasters expect tariffs to have an "undeniable" effect on prices,

Plurimi Wealth Chief Investment Officer Patrick Armstrong discusses the potential impact of US tariffs on Europe. "I think the EU has got enough clout that any deal will not basically get rid of European manufacturing,

President Donald Trump fired back at Democrats on Wednesday over their inflation messaging, declaring on Truth Social that he “brought down costs more than any President in recorded history” and calling Democratic claims “a total LIE.

For many countries, the reprieve from President Donald Trump’s eye-watering tariffs, which were implemented on April 2 and temporarily reduced to 10% a week later, is soon set to come to an end. The 90-day pause,