Federal Reserve sees tariffs raising inflation this year, keeps key rate unchanged
WASHINGTON (AP) — The Federal Reserve kept its benchmark interest rate unchanged Wednesday and signaled that it still expects ...
The Federal Reserve sees tariffs raising inflation this year and keeps key rate unchanged
The Federal Reserve kept its benchmark interest rate unchanged Wednesday and signaled that it still expects to cut rates ...
Trump tariffs partly to blame for inflation: Fed chair
Federal Reserve Chair Jerome Powell on Wednesday said President Donald Trump’s tariffs are partly to blame for price ...
Muddled inflation expectations no help for Fed: McGeever
Keeping inflation expectations under control is arguably a central bank's most important job. But it is also one of the most ...
Fed Holds Rates Steady and Predicts Higher Inflation, Slower Growth Ahead
The central bank penciled in two rate cuts for 2025, but President Trump’s sweeping agenda has injected “remarkably high” ...
Tariffs to delay inflation progress, too soon to gauge impact, Fed's Powell says
U.S. Federal Reserve Chair Jerome Powell said on Wednesday that President Donald Trump's tariff increases would delay ...
Fed holds interest rates steady, forseeing less growth and higher inflation ahead
Fed policymakers said risks had increased, with a near unanimous sentiment in saying the outlook for the year was muddled.
Citing Tariffs and Uncertainty, Fed Sees Higher Inflation and Lower Growth
Jerome Powell, the Fed chair, said that “further progress may be delayed” on inflation because of tariffs. Officials kept ...
Fed Sharply Reduces 2025 Growth Projection, Marks Up Inflation
In its latest quarterly economic projections, the Fed lowered its growth outlook for 2024 and 2025, forecasting a slower ...
Fed sees higher inflation and slower U.S. economy due to uncertainty tied to Trump tariffs
Uncertainty spawned by President Trump’s tariffs prodded the Federal Reserve to predict a slower economy and higher inflation ...