Inflation rate versus price level: why “inflation fell” does not mean prices fell
Slower inflation means prices are rising more slowly. It does not normally mean the overall price level returned to where it started.
Open the record →Explainers
Each record separates the dated event, authoritative source, evidence and current editorial finding. Statuses can change as deadlines pass and new records become available.
How to read a Trump executive order
The headline is not the operative law. Read the cited authority, definitions, agency instructions, deadlines, implementation documents and later court action.
Open the record →Who actually pays a tariff?
The importer pays the government at the border. The economic cost can then be divided among importers, retailers, consumers and foreign suppliers.
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