An inflation gauge closely watched by the Federal Reserve rose slightly last month, while some underlying prices pressures showed signs of easing. The latest inflation figures arrive as President Donald Trump has threatened to impose big import taxes on goods from Canada and Mexico,

President Donald Trump blasted Fed Chair Jerome Powell and the nation's central bank Thursday, blaming their actions for inflation and vowing to unleash American energy production to bring it down

A lively bull market, pro-business policies promised by the Trump administration and a Federal Reserve close to pulling off a soft landing.

Inflation rose two-tenths of a percentage point to 2.6% for the year ending in December, the Bureau of Labor Statistics reported Friday in an update to the personal consumption expenditures index, the Federal Reserve’s preferred gauge.

Trump will probably seek to ease inflation and lower prices by drilling for more oil, loosening regulations, reducing federal spending, experts say.

Inflation was a driving force behind Donald Trump’s election, but he’s put the issue on the back burner during his first week in office.

President Donald Trump is set to impose his tariffs over the weekend, gambling that taxing American companies for imported goods will ultimately punish the countries that make stuff Americans want – and bring those nations to the negotiating table.

Many Americans say they voted for Donald Trump because he promised to defeat inflation. So it’s no surprise that Trump’s first actions included directives aimed at “emergency price relief ...

A chicken vaccination campaign would likely be cheaper for the Trump administration and, more importantly, better for egg-buyers.

The personal consumption expenditures (PCE) price index rose 0.3 per cent last month after an unrevised 0.1 per cent gain in November, the Commerce Department's Bureau of Economic Analysis said on Friday.

On a three-month annualised basis — seen as a more accurate picture of the trajectory of inflation — the core PCE price gauge rose 2.2pc, the least since July.