News

Fed Chair Lays Out Game Plan in Case of High Inflation and Slower Growth
Jerome H. Powell warned that President Trump’s tariffs could lead to a “challenging scenario” for the central bank.
Trump’s tariffs are ‘likely’ to push prices up, Fed chief warns, prompting market slide
The Fed chief warns higher inflation is likely, although officials routinely say their outlook depends on how Trump’s ...
NY Fed: March near term inflation expects jump amid souring sentiment levels
Americans’ expectations for near-term inflation hit the highest level since the fall of 2023 in March, amid a souring in the ...
Daily Herald28d
Fed holds interest rates steady as tariffs begin to drive some inflation
The Federal Reserve kept interest rates steady Wednesday, continuing its cautious approach as President Donald Trump’s trade war and stubborn inflation blur the path ahead. Central bankers still ...
Forbes28d
Fed Ups Inflation Forecast And Expects Less Economic Growth, Citing ‘Uncertainty’
Perhaps more crucial was the release of the Fed’s quarterly economic projections, or dot plot, which revealed where central bankers expect economic growth, inflation, unemployment and interest ...
Retail sales surged in March as Americans rushed to beat Trump’s tariffs
Spending at US retailers skyrocketed last month at the strongest monthly pace in more than two years as Americans rushed to beat President Donald Trump’s massive tariff hikes.
USA Today29d
Why the Fed faces a dilemma when it comes to interest rate decisions
The Fed raises rates, or keeps them higher for longer, to tame inflation. It cuts rates to bolster a weak economy and job market. Need a break? Play the USA TODAY Daily Crossword Puzzle.