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US inflation falls to 2.3% in April as tariff effect looms
Tuesday’s annual consumer price index figure was below the expectations of analysts surveyed by Bloomberg that inflation would remain at March’s 2.4 per cent rate. Although Trump has cut back many of the tariffs he announced on April 2 — including this week with China — economists caution that most of the impact of the import duties has yet to be felt,
U.S. Federal Reserve officials feel they need to reconsider the key elements around both jobs and inflation in their current ...
At least one official at the Federal Reserve is still skeptical about the trajectory of inflation and the economy, despite ...
More than a dozen Milwaukee and Wisconsin business leaders and observers were asked: What would you tell Fed Chairman Powell ...
The Fed's warning echoes that of analysts who say U.S. companies could face inventory shortfalls as a result of ...
"The risks of higher unemployment and higher inflation appear to have risen, and we believe that the current stance of ...
Despite pressure from President Donald Trump to slash interest rates, the Federal Reserve was expected to stick to its ...
Tamer-than-expected inflation and a significant de-escalation of a U.S.-China trade war are easing fears of a sharp squeeze ...
The Federal Reserve announced that it is leaving a key interest rate unchanged amid uncertainty over inflation and the labor market amid trade turmoil due to tariffs.
The U.S. Federal Reserve has kept the federal funds effective rate unchanged at the 4.25-4.5 percent mark, unchanged since ...
WASHINGTON, D.C. — Federal Reserve Chair Jerome Powell is expected ... as questions grow about the impact of U.S. tariffs and inflation on the economy. Business reporter Jason Brooks says ...
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