In written remarks delivered in Arlington, Virginia, Powell said that the tariffs and their impacts on the economy and inflation are "significantly larger than expected." He also said that the ...
February's Consumer Price Index (CPI) report showed inflation pressures eased in February, calming some fears about the health of the US economy during a rocky few weeks for markets. The latest ...
(AP) — The Trump administration’s expansive new tariffs will likely lead to higher inflation and slower growth for the U.S. economy, Federal Reserve Chair Jerome Powell said Friday.
"While current economic conditions were little changed, expectations for the future deteriorated across multiple facets of the economy, including personal finances, labor markets, inflation ...