US tariffs will likely cause inflation to rise and growth to slow, Federal Reserve (Fed) Chairman Jerome Powell said on Friday, also warning of an "elevated" risk of higher unemployment. President ...
Donald Trump administration’s tariffs “could have a persistent impact on inflation," warned Federal Reserve Chairman Jerome ...
High interest rates have been battering consumers for years. And there's been a lot of pressure on the Federal Reserve to lower its benchmark interest rate, since that should result in lower consumer ...