ECB's Stournaras says higher inflation from US tariffs could delay monetary policy normalisation
European Central Bank policymaker Yannis Stournaras said on Tuesday that likely higher inflation and a global trade war ...
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Consumer Spending Ticked Up In February, But Inflation Remained High
In February, consumer spending in the United States increased by 0.4%, following a revised 0.3% decline in January, according ...
Fed chair warns Trump's tariffs will worsen inflation, lower economic growth
Federal Reserve Chairman Jerome Powell warned Friday that Trump's strict tariffs will worsen inflation and lower economic ...
130,000 Auto Jobs Lost By 2030: Repealing The Inflation Reduction Act
The Inflation Reduction Act spurs clean tech investment, creating 406,000 jobs. Repealing it could cost 130,000 auto jobs, ...
Fed should cut rates, there is no inflation: Donald Trump's latest message to Jerome Powell
Oil prices are down, interest rates are down... food prices are down, there is NO INFLATION,' says Trump on Truth Social ...
PCE: Fed's preferred inflation gauge rises 0.4% in February; higher than expecations
However, the Commerce Department announced Friday that the Fed's key inflation measure expanded more than expected in ...
US consumers slow spending as inflation bites, Synchrony says
U.S. consumers have been curbing their spending in response to high prices and a worsening economic outlook, according to consumer finance company Synchrony Financial .
Trump announces sweeping new tariffs to promote US manufacturing, risking inflation and trade wars
President Donald Trump has announced far-reaching new tariffs on nearly all U.S. trading partners — including a 34% tax on ...
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Fed’s Powell says larger-than-expected tariffs mean higher inflation, slower growth
President Donald Trump’s new tariffs are “larger than expected” and the economic fallout including higher inflation and slower growth likely will be as well, Federal Reserve Chair Jerome ...
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Fed Chair Powell says tariffs will likely cause higher inflation and slowed growth
President Donald Trump's trade war caused stocks to plummet for a second day in a row Friday after China announced 34% ...
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Trump’s trade war threatens to trigger a recession in the United States
Uncertainty about the tariffs to be applied and possible retaliation from its trading partners is already having an impact on ...
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Arjoon: US tariffs could fuel inflation
WHILE Trinidad and Tobago’s exports to the United States may remain competitive under the baseline 10% tariff, the new import ...