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Fed Chair Powell’s speech faces scrutiny as internal divisions and soaring tariffs fuel inflation fears, testing rate cut ...
U.S. consumer prices likely picked up in June, potentially marking the start of a long-anticipated, tariff-induced increase ...
Tariff revenues surged dramatically, yet so far, there’s been minimal impact on CPI or core goods inflation. Click here for ...
Economists have long been warning of a tariff-driven boost to US inflation. The next report on consumer prices will put their conviction to the test.
June’s CPI inflation report is expected to show a tariff-driven pickup in price increases as President Trump intensifies ...
Inflation cooled for the third straight month in April even after some of President Donald Trump's tariffs took effect, ... contributing to lower inflation, but that may have been driven by a ...
Federal Reserve Bank of New York President John Williams said Wednesday that monetary policy is in the right place to allow ...
The consequences of Trump’s tariffs have begun to set in.
U.S. inflation reached its highest level since February in June, with consumer prices rising 2.7% from a year earlier, in ...
When Trump raised tariffs in his first term, for example, the rate of inflation didn't begin to rise sharply until about four months after they took effect. Most of Trump's new tariffs have only ...
It’s still too soon for the Federal Reserve to consider lowering interest rates, Chair Jerome Powell said Tuesday.
Federal Reserve Chairman Jerome Powell said Wednesday that inflation driven by President Donald Trump’s tariff agenda could make it more difficult to achieve the Fed’s goal of lowering ...