The effects of the White House’s tariff policy on inflation could be less transitory and more “persistent,” said Powell on Wednesday. “Tariffs are highly likely to generate at least a temporary rise ...

Diccon Hyatt is an experienced financial and economics reporter who has covered the pandemic-era economy in hundreds of stories over the past two years. He's written hundreds of stories breaking ...

Federal Reserve Chair Jerome Powell on Wednesday cautioned that the central bank could face a "challenging scenario" of managing both accelerating inflation and a slowing economy brought on by the ...

saying his "termination cannot come fast enough" after Powell warned that "tariffs likely to generate inflation." "The ECB is expected to cut interest rates for the 7th time, and yet, ...

Crypto research firm Galaxy Research has made a proposal to adjust the voting system that decides the outcome of future Solana inflation following the failure to come to a consensus in a previous ...

But as inflation continues, Tran said he’s observed GenZers starting to adapt and finding ways to stretch their wallets, which leads to healthier financial habits. Here is how Gen Z’s spending ...

Waller evoked memories of the post-pandemic “transitory” inflation debate by saying weak growth would ultimately trump one-off price rises. But his other colleagues remain much more circumspect.

Powell on Wednesday repeated some points about the relationship between tariffs and inflation he made during his last speech on April 4, noting that it's not yet known whether inflation produced ...

UK inflation has slowed down for the second month in a row on the back of falling petrol prices, new official figures have revealed. It was a steeper drop than predicted by economists, who had ...

Federal Reserve Chair Jerome Powell expressed concern over achieving the central bank’s dual mandate as tariffs are likely to drive inflation higher while weakening economic growth. His comments ...