Powell says tariffs could feed inflation, Fed must wait to determine the impact
The U.S. central bank will be in no rush to cut interest rates while it waits for more clarity on how the policies of the new Trump administration affect the economy, Federal Reserve Chair Jerome Powell said on Friday.
The president knows his plans,” a White House official said, while Donald Trump presses ahead with tariffs that economists ...
Trump's tariffs on Canada, Mexico and China are going to transform the U.S. economy and exacerbate the inflation that helped ...
More restrictive trade and immigration policies under the Trump administration could mean higher prices for Americans, Morgan Stanley analysts say.
The Trump administration wants Americans to deal with short-term economic turmoil, including job losses and inflation, on the ...
The central bank’s preferred inflation measure, released on Friday, climbed 2.5 percent in January from a year earlier, ...
Treasury Secretary Scott Bessent stood by President Trump’s policy plans during a speech delivered to top economists on ...
3don MSNOpinion
Voters for the most part elected Trump because of his promise to lower prices, which have hit South Florida especially hard.
President Donald Trump declined to predict whether the U.S. could face a recession amid stock market concerns about his tariff actions on Mexico, Canada and China over fentanyl.
The biggest reason President Donald Trump won the White House again was dissatisfaction with the economy under Joe Biden. Specifically, the public’s frustration over a spike in inflation ...
The Trump trade policies have raised fears of trade wars that could slam economic growth and raise prices for Americans still ...
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