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Financial experts worry the tariffs will slow the economy and increase inflation, leaving the Fed in a difficult position.
Jerome H. Powell warned that President Trump’s tariffs could lead to a “challenging scenario” for the central bank.
The Bank of England has forecast inflation to rise further this year to 3.7%, and stay above its 2% target until the end of ...
Surging U.S. tariffs will weaken the global economy and push up inflation this year, according to projections to be released ...
Our survey shows economists expect slower growth and see a recession as more likely. They were pessimistic a year ago, too, ...
Inflation in the United Kingdom fell for the second month running in March largely as a result of lower prices at the pump, ...
It was another volatile day on Wall Street after comments from Federal Reserve Chair Jerome Powell, who spoke at the Economic ...
Christopher J. Waller argued that the effect of tariffs on prices could be short-lived, but he warned about a bigger hit to ...
Fed governor Christopher Waller called new tariffs "one of the biggest shocks to affect the U.S. economy in many decades," ...
"If we get inflation, the Fed will be behind the curve," top economist Adam Posen warned.
Turkish Finance Minister Mehmet Simsek said on Friday that disinflation would continue despite some recent deterioration in ...
President Trump's criticism of Fed's Powell was just the latest in a flurry of attacks on the Fed chief going over interest ...