Federal Reserve officials have had one clear message since President Trump sharply escalated the global trade war this month: Keeping inflation expectations in check as price pressures rise is their No. 1 priority. On Friday, […]
Tag: Inflation (Economics)
Trump’s Global Trade War Makes the Fed’s Task Tougher
Until a few months ago, the Federal Reserve appeared close to achieving something that many doubted was possible. The economy looked on the cusp of a “soft landing,” a situation where inflation was headed back […]
The Job Market Has Been Resilient. The Trade War Could Be Its Undoing.
For three years, the U.S. economy has been buffeted by rapid inflation, high interest rates and political instability at home and abroad. Yet it has proved surprisingly resilient, supported by the sturdy pillars of robust […]
Powell Warns Trump’s Tariffs Risk Stoking Even Higher Inflation and Slower Growth
Jerome H. Powell, the chair of the Federal Reserve, warned that President Trump’s tariffs risk stoking even higher inflation and slower growth than initially expected, as he struck a more downbeat tone about the outlook, […]
Powell Warns Trump’s Tariffs Risk Stoking Even Higher Inflation Slower Growth
Jerome H. Powell, chair of the Federal Reserve, warned that President Trump’s tariffs risk stoking even higher inflation and slower growth than initially expected, as he struck a more downbeat tone about the outlook, despite […]