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Tariffs imposed by President Donald Trump could worsen inflation this year, some economists say. Inflation remained high in February, according to a U.S. Department of Commerce report released on ...
Inflation accelerated again by 0.4% last month as consumer confidence fell for a fourth consecutive month, reaching its lowest level in 12 years. Inflation accelerated again by 0.4% last month as ...
LONDON, March 26 (Reuters) - British inflation slowed more than expected in February, bringing some relief to consumers ahead of a likely new pick-up in price growth and to finance minister Rachel ...
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U.S. Federal Reserve Chair Jerome Powell speaks at a press conference, following a two-day meeting of the Federal Open Market Committee on interest rate policy, in Washington, D.C., U.S., March 19 ...
It came from Fed Chair Jerome Powell, who told reporters Wednesday his "base case" is that higher inflation stemming from President Trump's tariffs will be "transitory" — reviving memories of ...
A fraught word resurfaced in the Federal Reserve’s lexicon again this week: "transitory." It came from Fed Chair Jerome Powell, who told reporters Wednesday his "base case" is that higher inflation ...
Those words were: uncertainty, and transitory. Even if the additional inflation created by higher tariffs is transitory – according to the FOMC’s own economic projections released on Wednesday ...
The Federal Reserve on Wednesday held rates steady, but issued new economic projections marking down growth forecasts and boosting inflation estimates. Larry Summers of Harvard says it comes from ...
they’re more likely to be transitory on inflation and monetary policy would look through,” Goolsbee said Friday on CNBC. Fed holds rates, sees slower growth and higher inflation Trump's ...
they’re more likely to be transitory on inflation and monetary policy would look through,” Goolsbee said Friday on CNBC. So far, that’s not how the situation is playing out in President ...
Traders interpreted the Fed’s refusal to change course as a sign that Powell was viewing tariff inflation as transitory. To other observers, Powell was effectively throwing up his hands. The central ...
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