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Federal Reserve Chair Jerome Powell said in a speech today that President Trump's tariffs are likely to boost U.S. inflation.
Why has inflation fallen and what does it mean for households? - The rate of Consumer Prices Index (CPI) inflation eased to 2 ...
Fed chief Jerome Powell also indicated the Fed will take a wait-and-see approach on pursuing the interest rate cuts yearned ...
President Donald Trump’s turbulent trade war could put the Federal Reserve in a difficult situation it hasn’t seen in about half a century, Chair Jerome Powell said Wednesday.
As global financial systems react to economic shifts, a new book from the director of the Rhodes Center for International ...
Economists expect tame readings in March in the key inflation measures tracked by the Federal Reserve for its 2% target.
Policymakers and economists say the latest data is only a temporary reprieve as tariffs could stoke higher inflation.
The last time inflation expectations ran that high was in 1981, toward the end of a historic period of high prices, ...
Powell’s remarks suggest that the bar for interest rate cuts is high, meaning that the central bank is likely to need tangible evidence that the labor market is cracking before it takes action.
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