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Financial experts worry the tariffs will slow the economy and increase inflation, leaving the Fed in a difficult position.
Surging U.S. tariffs will weaken the global economy and push up inflation this year, according to projections to be released ...
Jerome H. Powell warned that President Trump’s tariffs could lead to a “challenging scenario” for the central bank.
Fed chief Jerome Powell also indicated the Fed will take a wait-and-see approach on pursuing the interest rate cuts yearned ...
US wholesale prices fell last month, new data showed Friday, an indication that inflationary pressures weren’t necessarily ...
Christopher J. Waller argued that the effect of tariffs on prices could be short-lived, but he warned about a bigger hit to ...
WASHINGTON (AP) — U.S. inflation declined last month as the cost of gas, airline fares, and hotel rooms fell, a sign that ...
Our survey shows economists expect slower growth and see a recession as more likely. They were pessimistic a year ago, too, ...
Inflation cooled in March, but economists expect prices to reaccelerate as some of President Trump's tariffs kick in.
Federal Reserve Chair Jerome Powell spoke at the Economic Club of Chicago, as a tit-for-tat trade war escalates between the U.S. and China.
American consumers expect prices to rise by 6.7% over the next year, according to a closely watched survey of consumer sentiment from the University of Michigan. The inflation expectation figure is ...