Inflation Remained Sticky Ahead of Trump’s Escalating Trade War, PCE Data Shows
The Federal Reserve’s preferred inflation measure showed underlying price pressures persisting in February.
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The Federal Reserve’s preferred inflation measure showed underlying price pressures persisting in February.
Economists are bracing for intensifying price pressures and slower growth, posing a challenge for the Federal Reserve.
Jerome H. Powell says the Fed is focused on separating “signal from the noise,” as the president whipsaws on tariffs.
A directive calling for oversight over the central bank’s regulatory and supervisory responsibilities has set off alarm.
Top officials are grappling with how to handle potential price increases caused by the administration’s policies.
Republicans are hunting for ways to pay for President Trump’s expensive plans while avoiding a freakout on Wall Street.
Tariffs and tax cuts amid high interest rates and lingering inflation will pose a test for the U.S. economy.