Consumer prices rose 2.3% in April compared to a year ago, cooling slightly from the previous month and defying fears of an ...

The central bank held steady on rates, keeping them at a range of 4.25% to 4.5%, but highlighted rising inflation risk.

Powell and other ... the founder of Inflation Insights, said in a client note. Inflation expectations had been increasing even before the bulk of Trump’s tariffs took effect.

WASHINGTON — The Federal Reserve kept its key interest rate unchanged Wednesday, brushing off President Donald Trump’s demands to lower borrowing costs, and said that the risks of both higher ...

At his May 7 press conference after the Fed opted to pause interest rates for a third straight meeting to open 2025, Powell said if increased tariffs are sustained they would likely spur a rise in ...

With their eye on inflation, officials are inclined to hold rates steady when they meet in Washington on Tuesday and ...

Powell did not focus ... consumption expenditures price inflation to have fallen to 2.2% -- a tepid reading but still likely not reflecting coming tariff-driven price increases.

As inflation concerns mount, the Federal Reserve prepares for a critical meeting, balancing job growth signals against ...

Investors will be interested to hear Powell's thoughts on how tariffs are starting to leak into inflation ... investors should gain more insight into Trump's appetite for continuing his aggressive ...

which has been left to assess the impact of President Donald Trump's tariffs on both inflation and employment. Several central bank officials, including Chair Jerome Powell, have said the duties ...

Fed Chair Jerome Powell said that the current announced levels of tariffs could lead to a slowdown in economic growth and a potential rise in long-term inflation. "If the large increases in ...