Bakersfield residents are adjusting their spending habits as inflation drives up prices on everyday essentials.
Fed Chair Jerome Powell warned on Friday that higher tariffs are "likely to raise inflation." Here's what to know.
Federal Reserve Chair Jerome Powell said President Trump's tariffs are likely to cause inflation to rise at least temporarily, though the extent and duration is unclear.
Still, expect some prices to rise — at least in the near term.
An inflation gauge closely watched by the Federal Reserve remained high last month even before the impact of most tariffs has ...
"While tariffs are highly likely to generate at least a temporary rise in inflation, it's also possible the effects will be ...
Powell said the Fed faces a “highly uncertain outlook” because of the new reciprocal levies the president announced Wednesday ...
Washington (CNN) — Inflation is likely to pick up because of President Donald Trump’s sweeping tariffs, and could remain elevated, Federal Reserve Chair Jerome Powell said Friday. “We face a ...
The Federal Reserve is facing an increasingly difficult economic environment to navigate as it tries to keep the economy on ...
The Federal Reserve admits it badly misjudged the beginning of the inflation crisis, but officials hope they won’t make the ...
Poonpong said the ministry will slightly reduce its 2025 headline inflation forecast, currently at between 0.3 per cent to 1.3 per cent, after last year's rate of 0.40 per cent.