Federal Reserve Chair Jerome Powell warns that Trump's tariffs create uncertainty for the U.S. economy, influencing the Fed's decision on interest rates. Despite calls for faster cuts, Powell emphasizes caution amid inflation concerns.
Fed Chair Jerome Powell signals that rising tariffs could lead to increased inflation, urging caution as the economy shows signs of potential stagflation. Will your wallet feel the pinch soon?
The Swiss National Bank has cut interest rates to 0% amid declining inflation, raising concerns about a potential return to negative rates. The move aims to stabilize the economy in face of global uncertainty.
Fed Chair Jerome Powell announced that the central bank will maintain interest rates amid rising inflation concerns linked to tariffs. This decision could impact borrowing costs and consumer spending in the coming months.
UK's inflation rate stabilizes at 3.4% as economists predict interest rate cuts. Discover how rising oil prices and economic policies could impact the economy further.
U.S. stock futures fell as traders reacted to a preliminary U.S.-China trade deal and inflation data showing lower-than-expected consumer price increases. Major indexes closed lower, raising concerns over tariffs and market stability.
In May, inflation rose less than anticipated, with consumer prices increasing by 0.1% and the annual rate hitting 2.4%. While initial data shows a respite for consumers, experts warn about future tariff impacts on prices.
As the U.S. braces for a crucial inflation report, concerns mount over President Trump's tariffs and their potential to raise consumer prices. Major retailers like Walmart are hinting at unavoidable price hikes, signaling a shift in economic sentiment.
China's producer deflation hits its worst level in nearly two years, with consumer prices also declining. The economy struggles amid trade tensions and weak domestic demand, raising expectations for policy stimulus.
China's consumer prices have fallen for the fourth straight month, raising concerns about the effectiveness of Beijing's stimulus measures. With price wars in the auto industry and a deepening deflation in producer prices, experts warn that domestic demand must be revived to combat economic stagnation.
