Current economic data indicate that economic growth weakened in the first three months of this year, said Powell on Wednesday. “The data in hand so far suggest that growth has slowed in the first ...

The effects of the White House’s tariff policy on inflation could be less transitory and more “persistent,” said Powell on Wednesday. “Tariffs are highly likely to generate at least a temporary rise ...

President Donald Trump’s tariff policy will likely lead to higher inflation and slower growth, Federal Reserve Chair Jerome Powell said on Wednesday, pointing to the toxic economic combination known ...

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Hurricane Ian made landfall near the island of Cayo Costa, Fla., Wednesday afternoon as a Category 4 storm. More than a ...