An analysis says President Trump's tariffs would raise prices by almost 2.1% in the short run, costing the typical middle-class household more than $2,800 per year. (Scripps News)

P resident Donald Trump responded to the acceleration of consumer price inflation with a renewal of his demand for the Federal Reserve to cut interest rates immediately.

Inflation moved up in June, due partially to businesses passing tariff costs onto consumers. Despite the uptick, President Trump is on the warpath for the Federal Reserve to cut interest rates, a

The post Inflation Rises, Tariffs to Blame appeared first on Reason.com.

Some Americans may be understandably skeptical about a positive inflation analysis crafted by the White House – just as the 2024 presidential campaign kicks into gear.

The White House, increasingly frustrated by inflation, has launched a flurry of activity, from President Biden's meeting with the fed chief to his unusual op-ed for the Wall Street Journal.

Now the persisting furor over files related to accused sex trafficker Jeffrey Epstein has forced Trump into an unfamiliar role: trying to shut a conspiracy theory down. Epstein, a wealthy financier and convicted sex offender,

Trump’s desperate thrashing to avoid the Epstein trap is only making things worse for him and his allies so far, writes