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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.
Surging U.S. tariffs will weaken the global economy and push up inflation this year, according to projections to be released ...
Christopher J. Waller argued that the effect of tariffs on prices could be short-lived, but he warned about a bigger hit to ...
Economists expect tame readings in March in the key inflation measures tracked by the Federal Reserve for its 2% target.
Federal Reserve Governor Christopher Waller laid out two scenarios for how President Donald Trump’s trade policy could affect ...
Powell made the remarks while addressing the Economic Club of Chicago on Apr. 16. Powell added that the tariffs are highly ...
The "vast majority" of our seafood is imported, with top suppliers including Indonesia (subject to 32 percent tariffs in 90 ...
Fed governor Christopher Waller called new tariffs "one of the biggest shocks to affect the U.S. economy in many decades," ...
Inflation slowed in March as gasoline, used car prices dropped. Trump paused many of his largest tariffs for 90 days but ...
Policymakers and economists say the latest data is only a temporary reprieve as tariffs could stoke higher inflation.
US wholesale prices fell last month, new data showed Friday, an indication that inflationary pressures weren’t necessarily ...
Federal Reserve Chair Jerome Powell highlighted how planned and enacted policy shifts by the Trump administration have ...