The Latest Breaking News from Inflation

President Trump said Americans signed up for some economic discomfort arising from tariffs when they voted him into the Oval Office.

The president’s approach: tackle problems that don’t exist via policies that won’t work

June S&P 500 E-Mini futures (ESM25) are trending down -0.30% this morning as investors cautiously await a barrage of U.S. economic data, including the Fed’s favorite inflation gauge and the first estimate of first-quarter GDP, as well as earnings reports from “Magnificent Seven” companies Microsoft and Meta.

Australia’s headline inflation rate held steady at a four-year low of 2.4% in the March quarter, according to official data, adding to the case for a cut in interest rates at the next Reserve Bank board meeting in May.

Headline inflation – which includes the impact of government cost-of-living policies such as rebates – held steady at 2.4% in the year to March

US consumer confidence has fallen to its lowest level since the onset of the Covid-19 pandemic, according to survey data published Tuesday, reflecting concerns about President Donald Trump's tariff plans.

Even if the Fed tried to cut rates, inflation, investor reluctance, and a $25 trillion borrowing spree could keep them elevated for years.

Mortgage-holders are poised to bank an interest rate cut within weeks despite the latest inflation reading coming in slightly higher than expected.

The cost of living index varies considerably for different US states. A Hawaii resident needs to save $443.06 monthly starting at 25 to amass $1 million by 66, compared with $298.45 monthly for a West Virginia resident

Surveys show businesses and consumers are pessimistic about economic outlook as Trump completes 100 days in office.

Recent upticks in the market may disguise the ongoing risks that remain for investors; these factors point to the importance of a defensive strategy.