Fed's Powell says larger-than-expected tariffs likely to boost inflation, slow growth
President Donald Trump's new tariffs are "larger than expected," and the economic fallout including higher inflation and slower growth likely will be as well,
President Donald Trump's new tariffs are "larger than expected," and the economic fallout including higher inflation and slower growth likely will be as well,
President Donald Trump's new tariffs are "larger than expected," and the economic fallout including higher inflation and slower growth likely will be as well,
U.S.
Rising tariffs in the U.S. could feed into more prolonged inflation than might be expected, Fed Governor Adriana Kugler said on Wednesday, pushing back on
New import taxes imposed or potentially in the offing from the Trump administration could raise the average effective tariff rate on goods coming into the
At the end of last year, when Americans were still looking ahead to Donald Trump's second turn as president, most seemed right with the U.S.
Lackluster new U.S. jobs data and a weak report on manufacturing highlight an emerging concern among Federal Reserve officials that employment could slip even
As the world emerged from pandemic shutdowns in early 2021, a supply chain shock left a lasting imprint on the cost of owning a car in the U.S., spilling
The U.S.
Richmond Federal Reserve President Tom Barkin said he did not expect consumers to face the full brunt of the 25% tax the Trump administration has
The Federal Reserve's current "moderately restrictive" monetary policy is right for an environment with an abnormal amount of uncertainty and fast
Risks have increased that U.S. inflation will stall above the Federal Reserve's 2% target or even rise further in the near term, with rising import taxes potentially
Optimism among company chief financial officers dropped in the first quarter as tariff risks and uncertainty began to cloud an outlook among business
Recent economic projections from Federal Reserve officials had shades of "Stagflation-lite," in the words of one economist, a sentiment increasingly echoed
Slowing economic growth mixed with a bout of renewed inflation risks moving the U.S. from global overachiever to a
The Trump administration's initial policies, including extensive import tariffs, appear to have tilted the U.S. economy toward slower growth
Tumbling stock markets and signs of tightening credit may make the Federal Reserve's job even more difficult this week as U.S. central bank policymakers try
New economic projections from Federal Reserve officials this week will provide the most tangible evidence yet of how U.S. central bankers view the likely
Federal Reserve Chair Jerome Powell on Friday signaled potential changes for the Fed's closely watched "dot plot" interest-rate projections as part of a
Will Paulette's latest apartment construction project was mired in mud as a rainstorm passed through this week, a situation that matched the murky
Federal Reserve Chair Jerome Powell said it remains to be seen if the Trump administration's tariff plans will prove to be inflationary, mapping
The smallest U.S. businesses shed jobs in February and average revenue fell, a sign of pressure in one vulnerable sector of the economy that preceded the
A U.S. economy praised for its surprising resilience to a pandemic, high inflation, and rapid interest rate hikes faces a new challenge from President Donald
St.
New data may point to emerging tension between the U.S.
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