Fresh off the Federal Reserve’s new economic projections showing officials expect higher inflation and slower growth this ...
U.S. Federal Reserve Chair Jerome Powell said on Wednesday that President Donald Trump's tariff increases would delay ...
It came from Fed Chair Jerome Powell ... The modern US economy, DeBusschere said, has not been through such an aggressive slate of tariffs before, and therefore stating that inflation could ...
The Fed chairman ... on tariffs and inflation. As Mr. Powell put it today: “As I’ve mentioned, it can be the case that it’s appropriate sometimes to look through inflation if it’s going to go away ...
The Federal Reserve has significantly revised its 2025 growth projection downward while increasing its inflation forecast.
New York – For weeks, the US economic ... Mr Powell said “hard data” shows the economy is still solid. The Fed chief also went on to express confidence that long-run inflation expectations ...
"Uncertainty today is unusually elevated," Fed chair Jerome Powell told reporters after the US central bank's decision was published, adding that at least part of a recent rise in inflation was ...
Still, Powell told reporters that when it comes to inflation, “progress is probably delayed for the time being.” The Fed chief’s attempts ... should be great for us.” ...
“It will be harder for them to cut rates this year with inflation moving sideways,” said Michael Gapen, an economist at Morgan Stanley. Fed Chair Jerome Powell ... stored by us and social ...
Economist Michael Pearce at Oxford Economics said he expects the Fed will not want to "overreact" to early signs that ...
Policymakers estimate that the core Personal Consumption Expenditures (PCE) measure of inflation will be 2.8% at the end of 2025, compared with 2.5% previously. And the US economy is now projected ...
The US Federal Reserve paused interest rate cuts again on Wednesday and warned of increased economic uncertainty as it seeks to navigate an economy unnerved by President Donald Trump's stop-start ...