The Fed’s forecast on Trump’s economy: Slower growth, higher inflation
Fed Chair Jerome Powell had previously avoided commenting on Trump’s tariff threats and other sweeping moves, but those policies are increasingly shaping prospects for the economy this year. That means central bank policymakers had to at least partially show their hand on what they think new tariffs will mean for inflation,
7don MSN
The inflation rate last month was slightly lower than forecast by economists, although price increases are still higher than ...
Inflation came in cooler for February. That could give Federal Reserve officials extra confidence that price pressures were ...
The Federal Reserve kept its benchmark interest rate unchanged Wednesday and signaled that it still expects to cut rates ...
As the Federal Reserve meets this week, officials are facing growing concerns about stagflation—a mix of high inflation and a ...
Inflation slowed during President Donald Trump’s first full month in office, but that progress could be short-lived as ...
Originally estimated to only cost about $370 billion, a new study by the Cato Institute finds that the structure of subsidies in the Inflation Reduction Act means taxpayers could be on the hook for ...
Federal Reserve Chairman Jerome Powell directly took on the impact of tariffs Wednesday, saying in no uncertain terms that ...
The effect of President Trump’s frenetic style of governance — at least when it comes to trade — represents a peculiar twist that few economists would have predicted.
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