(Reuters) - One in five Americans have said they are purchasing more items than usual primarily due to concerns over President Donald Trump's tariffs, a CreditCards.com report showed on Tuesday, reflecting heightened consumer anxiety over potential price hikes and economic uncertainty. Tariffs tend to be inflationary because they raise the cost of imported goods, prompting businesses to either absorb the...

03:56 PM EST, 02/18/2025 (MT Newswires) -- Sequential home price growth sped up at the fastest pace since November 2023, reflecting an increase in demand at the end of 2024 that has since cooled, Redfin (RDFN) said on Tuesday. Home prices were up 0.6% month to month in January, outpacing 0.5% growth experienced in each of the three months prior,...

02:23 PM EST, 02/18/2025 (MT Newswires) -- New York manufacturing activity rebounded more than expected into growth territory this month as orders jumped, the Federal Reserve Bank of New York said Tuesday. The Empire State Manufacturing Survey's general business conditions index climbed to 5.7 in February from minus 12.6 in January. The consensus was for a month-to-month improvement to minus...

02:42 PM EST, 02/18/2025 (MT Newswires) -- San Francisco Fed President Mary Daly (nonvoter) said that monetary policy should not be eased further until there is additional progress on reducing inflation. Recent comments of note: (Feb. 17) Fed Governor Michelle Bowman (voter) said that she would like to see more progress on inflation before considering further rate reduction, citing greater...