The Trump administration’s expansive new tariffs will likely lead to higher inflation and slower growth, and the Federal ...
Finance professor Peter Ricchiuti told BI tariffs are "prosperity killers" that have turned running a business into a "big ...
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 ...
Final data shows inflation expectations at 4.1%, consumer sentiment at its lowest since 2022, causing markets to react negatively.
Amid concerns about already high prices that might be driven higher by tariffs, consumer confidence about the economy's ...
The past week has been a rollercoaster ride for the financial world. From the Federal Reserve’s unchanged interest rates to ...
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.
The Federal Reserve raised its 2025 inflation forecast by 0.3 percentage points to 2.8% in its summary of economic projections issued Wednesday, up from its 2.5% estimate in December. (This projection ...
“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 ...
A one-off burst of inflation can work in a Chancellor’s favour, eroding the national debt compared to the cash-terms size of the economy. As such, inflation is one factor that has helped keep ...
Speaking at an event in Calgary, Macklem said that while the Canadian economy entered 2025 on a strong footing after years of COVID-19 disruptions and inflation, the outlook for the year is not rosy.
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