Inflation cooled significantly in March amid a drop in energy and transportation prices, giving consumers a bit of a break before a wave of new tariffs began to kick in this month, potentially fueling ...

Treasury Secretary Scott Bessent and Commerce Secretary Howard Lutnick declared that the tariffs agenda will go on. Read more ...

It’s all tied to fears about what those US tariffs might mean for global trade, and Singapore’s banks are right in the ...

Speaking at the annual conference of the Society for Advancing Business Editing and Writing in Arlington, VA, on Friday, Powell said Trump's tariff increases were "significantly larger than ...

Trump’s new tariffs are “larger than expected,” and the economic fallout including higher inflation and slower growth likely will be as well, Federal Reserve Chair Jerome H. Powell said on Friday, ...

A trade war ties the Fed’s hands by pushing up inflation at the same time that uncertainty is sapping growth.

The Consumer Price Index in March rose 2.4% on an annual basis, showing progress in the Federal Reserve's battle to bring down inflation to a 2% rate. The CPI was forecast to rise 2.6% last month ...

United States President Donald Trump called on the Federal Reserve to cut interest rates as the markets continue to tumble, saying "there is no inflation ... Chair Jerome Powell told a business ...

Jerome H. Powell, the Fed chair, said in a recent speech that it was the institution’s “obligation” to keep inflation expectations in check and to “make certain that a one-time increase in ...

Federal Reserve Chair Jerome Powell said recently that the U.S. economy will likely face a period of higher prices and weaker growth owing to President Trump’s new tariffs. Photo: Tierney L.