Fed’s Powell says larger-than-expected tariffs mean higher inflation, slower growth
President Donald Trump’s new tariffs are “larger than expected” and the economic fallout including higher…
Browsing: Markets
US stocks tumble as consumer gloom raises stagflation fears
Americans express rising alarm over economy and job prospects as Trump’s tariffs weigh on outlook…
US consumers remained cautious about spending last month as inflation ticked higher
Inflation picked up last month and consumers barely raised their spending, signs that the economy…
Federal Reserve keeps interest rate unchanged, sees slower growth and higher inflation
The Federal Reserve kept its benchmark interest rate unchanged Wednesday and signaled that it still…
To cut or not to cut? US Fed faces stubborn inflation and weak growth
Faced with persistent inflation and a slowing economy, the Federal Reserve finds itself in a…
US inflation fell more than expected to 2.8% in February
Figure bolsters case for cental bank to cut interest rates amid signs of slowing economic…
Stock market slides on mounting fears over U.S. economic growth
Stock markets in the U.S. opened sharply lower on Thursday amid mounting investor concerns about…
US dollar hits three-month low after US inflation, growth concerns outweigh potential boost from tariffs
The US dollar fell to a three-month low on Tuesday as concerns about slowing growth…
Inflation, looming trade war take a toll as confidence of the U.S. consumer tumbles
U.S. consumer confidence plummeted in February, the biggest monthly decline in more than four years,…
Inflation is easing, but another alarm bell is ringing about the US economy
The Federal Reserve’s preferred inflation gauge cooled as expected in January; however, the good news…