While Federal Reserve Chair Jerome Powell says "the underlying inflation picture is good," tariffs could change all that.

“Bonuses or inflation allowances would have only a limited impact on easing the pain of cost-push inflation, as consumers tend to save one-off payouts rather than spend,” added ...

President Donald Trump's tariffs could push inflation back to levels not seen since the post-pandemic price surge, according to an estimate from Goldman Sachs this week. The sweeping import taxes ...