Donald Trump believes that imports are a 'cost', and that exports are a 'benefit'. And, secondly, he seems to believe that tariffs are a tax paid by foreign exporters to the governments of importers.

The emerging world economic order – now tagged as Trumporder after its initiator – has turned the economic policy package ...

U.S. Federal Reserve Chair Jerome Powell said on Wednesday that President Donald Trump's tariff increases would delay ...

Jerome Powell, the Fed chair, said that “further progress may be delayed” on inflation because of tariffs. Officials kept ...

U.S. consumer confidence hits 4-month low due to inflation concerns. All groups show decline in sentiment, with highest ...

Nigeria’s headline inflation rate eased to 23.18% in February 2025, down from 24.48% recorded in January 2025, according to the latest report by the National Bureau of Statistics (NBS).

It’s too early to say if “the inflationary effects will be transitory, especially given that companies and households still ...

The West Coast was not spared the “massive” leap in inflation that hit Canadian consumers last month. B.C.’s inflation rate reached three per cent in February, up from 2.2 per cent in January, ...

Agencies The annual inflation rate in Saudi Arabia remained stable at 2 per cent in February 2025, maintaining the same year-on-year rate as the previous year, the Saudi Press Agency has reported.

Prices in the Phoenix-Mesa-Scottsdale area rose 1.8% over the 12 months through February, compared to a 2.8% increase nationally. The modest increase in Phoenix is attributed to lower housing and ...

Bank al-Maghrib reduced the key interest rate to 2.25% from 2.5% at its latest quarterly policy meeting on Tuesday. The move was a surprise, with two of kingdom’s main lenders predicting the ...

Just when it looked like the Great Inflation era was over, the world is getting a reminder of how fragile price stability can ...