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Financial experts worry the tariffs will slow the economy and increase inflation, leaving the Fed in a difficult position.
Jerome H. Powell warned that President Trump’s tariffs could lead to a “challenging scenario” for the central bank.
Surging U.S. tariffs will weaken the global economy and push up inflation this year, according to projections to be released ...
Fed chief Jerome Powell also indicated the Fed will take a wait-and-see approach on pursuing the interest rate cuts yearned ...
It was another volatile day on Wall Street after comments from Federal Reserve Chair Jerome Powell, who spoke at the Economic ...
Christopher J. Waller argued that the effect of tariffs on prices could be short-lived, but he warned about a bigger hit to ...
The Bank of England has forecast inflation to rise further this year to 3.7%, and stay above its 2% target until the end of ...
Between aging US water infrastructure and newer standards to rid water of harmful chemicals, a reprieve in US water bill ...
Most of the questions on a seven-item financial literacy quiz involve elementary math. Only 4% of Americans got all seven right.
Fed governor Christopher Waller called new tariffs "one of the biggest shocks to affect the U.S. economy in many decades," ...
"If we get inflation, the Fed will be behind the curve," top economist Adam Posen warned.
Turkish Finance Minister Mehmet Simsek said on Friday that disinflation would continue despite some recent deterioration in ...