Inflation isn't rising as expected, and Americans are feeling less anxious about it. But the fight to cut interest rates is heating up.

Steve Rattner, an economic analyst for MSNBC’s “Morning Joe,” explained Thursday that the latest numbers from the Labor Department showed unexpected good news for Trump. He said many analysts forecasted that Trump’s tariffs would drive up inflation, but that the latest numbers suggest that has not happened yet.

Britain's economy experienced a sharp 0.3% contraction in April, the largest since October 2023, primarily due to a slump in the services sector and a significant drop in exports to the US following President Trump's tariffs.

Britain’s economy shrank by the most in nearly two years in April, when President Donald Trump’s tariffs also caused UK goods exports to the United States to fall by a record amount.

Welcome to the Money blog, Sky News' consumer and personal finance hub. Today: official figures show the economy shrank in April, and Ryanair's new fine for unruly passengers. And sign up to our new Money newsletter below - the second edition lands in inboxes tomorrow.

President Donald Trump's second term has been defined by volatility and uncertainty. Early on, he proposed replacing income taxes with tariffs, and, after granting a few exemptions and

Britain's economy slowed sharply in April, reflecting shockwaves from U.S. President Donald Trump's announcement of wide-ranging tariffs and a one-off hit from the end of a tax break on property sales,

Economist Steve Moore said on Newsmax Wednesday that he underestimated certain economic indicators under the Trump administration. Inflation increased less than expected in May, with the Consumer Price Index increasing by 0.