While Federal Reserve Chair Jerome Powell says "the underlying inflation picture is good," tariffs could change all that.

Mainstream economists define inflation as the increase in an imaginary “price level” that is relatively neutral in its ...

You may see some price increases from tariffs in your shopping, but you won't see them in Wednesday's official report on ...

In the MoneyLion x Mastercard “Health is Wealth” report, 84% of parents with children under 18 said inflation has negatively ...

Federal Reserve officials held interest rates steady for a third-straight meeting and emphasized they see a growing risk of ...

WASHINGTON: While keeping interest rates unchanged on Wednesday, the Federal Reserve stated that the threats of increased ...

Fed Chair Jerome Powell kicked off his post-meeting press conference by saying the central bank remains “squarely focused” on ...

That strength is allowing the Fed to remain on hold, since the economy doesn’t seem to need any support through rate cuts at ...

Most Americans think tariffs will drive up prices and cost the U.S. more money than they generate, according to a new Gallup ...

Still, the US economy hasn’t fallen off a cliff just yet. In April, employers added a robust 177,000 jobs as the unemployment ...

The economic effects of these developments are expected to be sizeable. Our World Economic Outlook ‘reference scenario’ ...