News

Trump’s tariffs are ‘likely’ to push prices up, Fed chief warns, prompting market slide
The Fed chief warns higher inflation is likely, although officials routinely say their outlook depends on how Trump’s ...
Fed chair lays out game plan in case of high inflation and slower growth
Powell’s remarks suggest that the bar for interest rate cuts is high, meaning that the central bank is likely to need tangible evidence that the labor market is cracking before it takes action.
Powell says Fed can 'wait for greater clarity' on tariffs before cutting interest rates
Fed's Powell says tariffs put its goals of low inflation and a stable economy in tension. So it will 'wait for greater ...
Fed's Powell says tariffs could lead to inflation, economic slowdown
Federal Reserve Chair Jerome Powell said in a speech today that President Trump's tariffs are likely to boost U.S. inflation.
Powell warns Fed could face rising inflation and weaker labor market, will wait on rate cuts
The Federal Reserve could face the “challenging scenario” of rising inflation at the same time the U.S. labor market is ...
In a fog of uncertainty, Fed policy storm could be approaching
U.S. Federal Reserve officials, in agreement that President Donald Trump's tariffs have unmoored their sense of the economy's ...
Powell Speech Today: Fed Head to Talk Tariffs, Economic Outlook
Follow here for live coverage and analysis of Federal Reserve Chair Jerome Powell's speech at 1:30 p.m. Eastern on Wednesday.
Independent Online1d
Reserve Bank expected to keep interest rates on hold amid VAT, inflation pressures
The South African Reserve Bank ... to 7.5% on slower inflation and forecast that rates would drift slightly lower over the next few years, stabilising near 7.25%. The US Federal Reserve was ...
US import prices muted, but tariffs loom over inflation
Economists expect tame readings in March in the key inflation measures tracked by the Federal Reserve for its 2% target.
Fed's Waller warns high tariffs could push inflation near 5% while economy slows 'to a crawl'
Fed governor Chris Waller warned that inflation could surge this year near 5% and economic growth could 'slow to a crawl' if the effective tariff rate remains at 25%. He believes the central bank may ...
Americans braced for biggest unemployment rate jump since the pandemic as tariffs muddy outlook
A rising percentage of Americans are concerned about the labor market outlook as unemployment expectations reached their highest level since the pandemic in March.
Waller: Tariffs a Major Shock, With Wide Array of Possible Outcomes
WASHINGTON (Reuters) -The Trump administration's tariff policies are a major shock to the U.S. economy that could lead the ...