Recent inflation data point to continued progress toward meeting the U.S. Federal Reserve's 2% inflation goal, but the outlook is now uncertain due to the possibility new import taxes will drive prices higher,

The Consumer Price Index jumped 2.3% in April from the year before, below March’s 2.4% increase, the Bureau of Labor Statistics said Tuesday.

Inflation held at 2.3% in April, but economists warn Trump’s trade war may soon drive prices sharply higher. U.S. and China slash tariffs temporarily, yet 15% effective tariff rate still burdens consumers and may stoke inflation later.

The price hike threat from tariffs is receding while housing indicators pointing to a cooling in shelter costs

Peter Schiff has warned that without the implementation of high tariffs, the only path to reduce trade deficit is through dollar decline.

All three major stock indexes posted their biggest single-day gains in a month after President Trump announced a 90-day pause on his 145% reciprocal tariff against China. Scott Lincicome, a vice president at the Cato Institute's Trade Policy Center,