In his first public remarks since the latest trade war salvo, Jerome Powell said it’s too soon to know how the central bank ...
US Fed Chair Jerome Powell says the Trump administration’s expansive new tariffs will likely lead to higher inflation and ...
Rather than tamp down inflation or boost growth, the broad tariffs Trump plans to impose this week are likely to upend the US ...
The Dow fell more than 700 points, while gold hit a record and bonds climbed. The anticipation of tariff developments next ...
Tariffs are looming, inflation is still sticky and US consumers are bracing themselves for the impact. That’s according to data released Friday from the Commerce Department: Americans socked away ...
Final data shows inflation expectations at 4.1%, consumer sentiment at its lowest since 2022, causing markets to react negatively.
U.S. stocks saw a selloff accelerate on slightly hotter-than-expected inflation data and ongoing tariff worries that could ...
Amid concerns about already high prices that might be driven higher by tariffs, consumer confidence about the economy's ...
One way policymakers could try to curb inflation is by raising federal interest rates, but that would come with a slew of other economic consequences including a risk of increasing unemployment.
Fears of stagflation are gaining traction on Wall Street, with more investors anticipating an economic situation that entails high inflation and low growth over the next year. Stagflation is ...
“The question is, how much do tariffs work their way into the broader inflation process?” said Duke University’s research professor of economics Ellen Meade, who is a former special adviser ...