News

'Purgatory:' Fed officials left in limbo as tariffs complicate this week's rate decision
The U.S. economy is mostly in good shape but that isn't saving Federal Reserve chair Jerome Powell from a spell of angst.
Will pressure from Trump and Vance spur Powell to cut interest rates?
Federal Reserve likely to keep interest rates unchanged for fourth straight meeting despite President Donald Trump and Vice ...
Trump's tariffs and tax bill look like a 'Greek tragedy' that could tank the economy and stocks, former IMF official warns
Former IMF official Desmond Lachman highlights risks from Trump tariffs and tax cuts, warning of potential inflation, higher ...
Here are the three reasons why tariffs have yet to drive inflation higher
Despite widespread fears to the contrary, President Donald Trump’s tariffs have yet to show up in any of the traditional data ...
Where’s the Inflation From Tariffs? Just Wait, Economists Say.
But in the price-tracking data, the evidence is much more uneven. April’s inflation reports — measuring consumer and producer ...
Fed to keep rates steady as tariffs, possible oil shock counter inflation data
The Federal Reserve is widely expected to hold interest rates steady next week, with investors focused on new central bank ...
CPI report reveals inflation crept higher in May as tariff impact was tamer than expected
Inflation moved up in May as Trump's tariffs threatened to filter into consumer prices, CPI report shows. Gasoline prices ...
Fed’s ‘Wait and See’ Approach Is Intact as New Risks Cloud Economic Outlook
The central bank is set to hold interest rates steady for its fourth straight meeting, a pause that could be extended through ...
Bankrate on MSN1d
Inflation is bucking tariff fears, but the Fed likely won’t cut rates like Trump wants. Here’s why.
The U.S. economy has been full of surprises since the Federal Reserve started rapidly raising interest rates to quell ...
A Goldilocks Inflation Moment, Tariffs And All
Despite high inflation expectations, price pressures have steadily cooled, with May’s CPI at just 2.4%. This suggests public ...
Why Americans haven’t felt the brunt of Trump’s tariffs — yet
Amid all this, Trump has, as usual, been pressuring the Fed and its chair, Jerome Powell, to lower interest rates. Vice ...