The rout on Wall Street continued on Friday, with the Nasdaq earning a bear-market classification, after China imposed fresh tariffs on all U.S. goods in response to the Trump administration's ...
Powell's emphasis on controlling inflation suggests the Fed is likely to hold its benchmark interest rate at around 4.3 percent.
Still, the Fed chair said the central bank isn’t in a hurry to cut rates. “We’re waiting for greater clarity before we ...
Now, with the economy at a crossroads after President Donald Trump kicked off a trade war with his tariff announcement on ...
Policymakers in coming months may face difficulty meeting their dual mandate to ensure stable prices and maximum employment, ...
US Fed Chair Jerome Powell says the Trump administration’s expansive new tariffs will likely lead to higher inflation and ...
Federal Reserve Chair Jerome Powell says the economy is in "good condition," but notes inflation's uncertainty.
President Donald Trump's new tariffs are "larger than expected," and the economic fallout including higher inflation and ...
U.S. Fed Chair Jerome Powell says the Trump administration's expansive new tariffs will likely lead to higher inflation and ...
Inflation is likely to pick up because of President Donald Trump’s sweeping tariffs, and could remain elevated, Federal ...
Federal Reserve Chair Jerome Powell has raised alarm over President Donald Trump’s sweeping new tariffs, warning that the ...