John Carney

Tariffs Still Are Not Producing Inflation The June Producer Price Index (PPI) delivered another blow to the inflation hawks who insist tariffs are driving up prices.

U.S. import prices rose modestly in June, suggesting little evidence of inflationary pressure from foreign-sourced goods, according to data released Thursday by the Bureau of Labor Statistics.

June data show falling import prices despite rising inflation, pointing to tariff absorption abroad.

Retail spending surged in June, offering fresh evidence that American consumers remain a powerful engine for the economy even as interest rates remain elevated and inflation continues to ease.

Corn Syrup Usurped Sugar—But Not Because of Tariffs President Trump says he got Coca-Cola to agree to replace high-fructose corn syrup with real cane sugar in its flagship American soda.

Federal Reserve Governor Christopher Waller on Wednesday called for an immediate interest-rate cut, arguing that inflation is cooling and the labor

American consumer confidence improved more than expected in early July, climbing to its highest level in five months as inflation expectations fell sharply and retail spending showed renewed strength.

Federal Reserve Governor Christopher Waller said Friday he may dissent from the Federal Open Market Committee if policymakers opt to keep interest

Fed Governor Waller Advocates Rate Cut—and Signals Tariff Effects Are Transitory