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Policymakers and economists say the latest data is only a temporary reprieve as tariffs risk stoking higher inflation.
South Carolina's governor and economists are weighing in as President Donald Trump paused most new global tariffs hours after they went into effect.
Tariffs were mentioned 18 times in minutes from the bank’s March policy meeting, compared with once for the January one.
U.S. Federal Reserve policymakers were nearly unanimous at their meeting last month that the U.S. economy faced risks of ...
Some policymakers at last month’s meeting warned of difficult trade-offs that loom if inflation rises and hiring deteriorates ...
Another round of international tariffs is expected to take effect Wednesday, including a 104% tariff imposed by the United States on China.
Consumer price increases likely slowed in March due to cheaper gas, but forecasters don't expect the low inflation to survive ...
Typically, a recession occurs when some short of shock hits the economy, such as the pandemic in 2020, or the bursting of the ...
JPMorgan now sees a 60% chance of a US recession this year, up from 40%. This follows new tariffs announced by President ...
Yahoo Finance will chronicle the latest news and updates on Trump's tariffs — from the threats to the eventual policy.
The central bank wants to let Trump's policies play out across the economy before deciding which way to move interest rates, ...
Federal Reserve Chair Jerome Powell said President Trump's tariffs are likely to cause inflation to rise at least temporarily ...
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