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First inflation report since Donald Trump's 'Liberation Day' tariffs announcement surprises everyone; will Fed Chair Jerome Powell cut rates?
US inflation edged up 2.3% in April, slightly below expectations, sparking optimism in financial markets. Nasdaq and S&P 500 ...
Jerome Powell may finally grant Trump his interest rate wish thanks to China deal
President Trump's wish for a rate cut may be looking more realistic as economic uncertainty clears—but it still won't be ...
Powell Emerges as a Potential Winner from the Trade Truce
The markets have come around to the Federal Reserve chairman’s cautious approach to lowering interest rates. President Trump ...
Stagflation is a looming economic risk—here's what it may mean for your money
Risks of higher unemployment and higher inflation have risen, according to the Federal Reserve. Those factors may prompt ...
Inflation data to reveal impacts of Trump's 'Liberation Day' tariffs
Even so, a rollback of some levies since "Liberation Day" may reduce the impact on inflation. Trump paused a large swath of so-called "reciprocal tariffs" within days of the announcement. On Monday, ...
Fed chair snuffs out rate cut optimism
Bond investors are coming to terms with Jerome Powell's message that the Federal Reserve (Fed) is in no rush to start cutting ...