Who pays for these tariffs? Most economists reckon that ordinary Americans will lose out, as prices in shops rise. Mr Trump ...

Tariffs pose rising inflation and rate cut risks for H2 2025 as CPI data hints at early price pressures in key goods. See why ...

A tariff simulator shows a dramatic drop in global exports to the U.S. as a result of Trump’s new trade deal with the ...

US importers, not the foreign-based exporters who are shipping them goods from overseas, are shouldering the cost of ...

President of International at Bank of America, Bernard Mensah, has offered valuable insights into the evolving impact of artificial intelligence (AI) on the financial industry, macroeconomic ...

Bank of America Corp. on Wednesday delivered an upside earnings surprise and stuck to its financial outlook for the year as ...

Federal Reserve Bank of Cleveland President Beth Hammack said that she does not see an immediate reason to cut interest rates ...

Federal Reserve Bank of St. Louis President Alberto Musalem said he sees upside risks to inflation, but it’s too early to know whether tariffs will have a persistent impact on prices.

U.S. Federal Reserve Chair Jerome Powell on Tuesday reiterated the U.S. central bank plans to "wait and learn more" about the impact of tariffs on inflation before lowering interest rates, again ...

Reuters. FILE PHOTO: Neel Kashkari, president and CEO of the Federal Reserve Bank of Minneapolis, speaks during an interview with Reuters in New York City, New York, U.S., May 22, 2023.

Whether you're tuned into the news or not, you've probably heard the word "tariff" thrown around a lot lately. Maybe you have a general idea of what it means — or maybe it just sounds like ...