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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 ...
Fed governor Christopher Waller called new tariffs "one of the biggest shocks to affect the U.S. economy in many decades," ...
US wholesale prices fell last month, new data showed Friday, an indication that inflationary pressures weren’t necessarily ...
Inflation cooled in March, but economists expect prices to reaccelerate as some of President Trump's tariffs kick in.
U.S. consumer sentiment deteriorated sharply in April and 12-month inflation expectations surged to the highest level since ...
Inflation likely declined last month as the cost of energy, used cars and hotel rooms may have fallen, though President ...
Consumer prices unexpectedly declined from a month earlier, while a fall in gasoline prices pushed the energy index lower.