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A trade war ties the Fed’s hands by pushing up inflation at the same time that uncertainty is sapping growth.
Now, with the economy at a crossroads after President Donald Trump kicked off a trade war with his tariff announcement on ...
Speaking on Friday, Federal Reserve Chair Jerome Powell emphasized that the Fed’s priority remains achieving its dual mandate of maximum employment and stable prices. While acknowledging that ...
The Federal Reserve's recent outlook shows a wait-and-see approach as they navigate the uncertainty surrounding inflation and ...
Inflation is likely to pick up because of President Donald Trump’s sweeping tariffs, and could remain elevated, Federal ...
President Donald Trump's new tariffs are "larger than expected," and the economic fallout including higher inflation and ...
Powell’s remarks suggest officials may be more cautious about lowering rates. In a post on Truth Social Friday, Trump wrote, "This would be a PERFECT time for Fed Chairman Jerome Powell to cut ...
Kevin Dietsch/Getty Images "This would be a PERFECT time for Fed Chairman Jerome Powell to cut Interest Rates," Trump said in a post on Truth Social. Trump also claimed without evidence that ...
President Donald Trump's trade war caused stocks to plummet for a second day in a row Friday after China announced 34% ...
Powell’s latest comments ... which weakened the case for further rate cuts and ultimately prompted the Fed to stand pat in January. The Fed continued to hold borrowing costs steady last month.