Hot Inflation Raises Stakes of Trump’s Tariffs
Hot inflation has raised the stakes of President Trump’s plans to escalate his use of tariffs on the country’s biggest trading partners, risking even higher consumer prices and pushing back the prospects of the Federal Reserve lowering interest rates soon.
There hasn't been a more important macroeconomic topic in the past few years than that of inflation. Due to a combination of ...
It’s not just eggs. Many commonly purchased goods and services got more expensive in January, driving inflation in the wrong ...
President Trump pledged to lower costs on “Day 1” as a candidate. His administration now acknowledges it will take more time.
But there’s an auspicious element of what’s going on in the financial markets: Investors are much better equipped than they used to be to combat the erosion of their savings. The 3% gain reported ...
Donald Trump promised as a candidate that he could easily conquer inflation, but the reality is proving tougher than he ...
The Federal Reserve's job is to control inflation, but has little ability to influence one of its biggest drivers, Fed Chair ...
So what happens in 2025? We can expect additional interest rate cuts as the Fed continues to control inflation, with unemployment rates becoming the main focus for the FOMC. Lower rates will spur ...
Prices moving upward in January has further cooled hopes of an interest rate cut from the Federal Reserve in the near future.
Inflation rose unexpectedly in January, with the Consumer Price Index rising 3% over the last 12 months, up from 2.9% in ...
Federal Reserve Chair Jerome Powell said Wednesday that the January consumer-price index data fit with an overall picture that the Fed is "close but not there" on getting inflation back to its 2% ...
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