The Fed is set to hold interest rates steady, but with inflation rising amid a slowing economy, it could lower its forecast ...
From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or ...
Fed Chair Jerome Powell, above. Getty Images Yes, tariffs are poor economic policy. But inflation isn’t why. Think of all that inflation we didn’t get with Trump’s first-term tariffs.
With another inflation report looming, you may wonder if buying gold is the right move now. Here's what to consider.
Trump promises to contain inflation “by unleashing American energy, slashing regulation, rebalancing international trade and reigniting American manufacturin ...
The economy usually grows when interest rates are low and money is cheap to borrow, and weakens when central banks reverse this policy to tackle inflation. In certain cases, central banks may be ...
The Federal Reserve kept its benchmark interest rate unchanged Wednesday and signaled that it still expects to cut rates ...
Jerome Powell, the Fed chair, said that “further progress may be delayed” on inflation because of tariffs. Officials kept ...
There’s no cocktail a central banker hates more than high unemployment mixed with high inflation. That cocktail, also known as stagflation, was in the limelight after the Federal Reserve’s March ...
According to the most recent BLS reading, released Wednesday morning, February saw less steep price increases for consumers. The Consumer Price Index (CPI) rose by 0.2 percent, a slowdown from January ...