U.S. consumers are starting to crack as tariffs add to inflation, recession concerns
Shoppers cast shadows as they carry their bags along the waterfront in Portland, Maine, U.S, December 26, 2024. Kevin Lamarque | ...
Tag: inflation
Here’s the inflation breakdown for February 2025 — in one chart
Eggs for sale at a grocery store in Los Angeles on Feb. 26, 2025.Eric Thayer/Bloomberg via Getty ImagesInflation receded in ...
Wall Street keeps shaking, and stocks lose a big morning gain as Trump’s trade war escalates
Wall Street keeps shaking because of tariffs. After jumping to a big early gain on an encouraging inflation update, the ...
Powell says Fed is awaiting ‘greater clarity’ on Trump policies before making next move on rates
Jerome Powell, chairman of the US Federal Reserve, speaks during the University Of Chicago Booth School Of Business Monetary Policy ...
Canada, Mexico tariffs create ‘ripple effects’ on consumer prices, economist says
The Port Newark Container Terminal in Newark, New Jersey, March 3, 2025.Kena Betancur/View Press | Getty Images News | Getty ...
Inflation will move toward 2% target, but risks to outlook are rising, says Fed’s Musalem
Alberto Musalem, President and CEO of the Federal Reserve Bank of St. Louis, speaks to the Economic Club of New ...
Ad group WPP shares plunge 16% on China weakness and US uncertainty
Ad group WPP expects its revenue and profit to be flat at best this year because of a weak Chinese ...
Fed officials are worried about tariffs’ impact on inflation and see rate cuts on hold, minutes show
Federal Reserve officials in January agreed they would need to see inflation come down more before lowering interest rates further, ...
Fed Governor Bowman says more progress on inflation is needed before further rate cuts
Federal Reserve Bank Governor Michelle Bowman gives her first public remarks as a Federal policymaker at an American Bankers Association ...
Bank of America CEO on inflation impact on U.S. economy: ‘Rates are going to stay where they are’
Bank of America CEO Brian Moynihan said Wednesday that strong consumer spending so far this year means the Federal Reserve ...
