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 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.
In a surprising move, the Federal Reserve maintains steady interest rates while hinting at potential cuts later this year. With inflation concerns, economic growth predictions are revised downward, and President Trump calls for action.
The Federal Reserve is set to keep interest rates unchanged as it navigates a cooling economy, rising oil prices, and uncertainty from Trump’s trade policies. With inflation concerns mounting, what’s next for U.S. monetary policy?
Treasury Secretary Scott Bessent states Walmart may have to raise prices due to Trump's tariffs, despite the President's warnings to avoid doing so. As inflation concerns linger, Bessent downplays the impact on consumers.
In a recent social media post, President Trump criticized Walmart for raising prices due to tariffs, insisting they should absorb the costs instead. As inflation concerns grow, will Walmart heed his call?
Consumer sentiment in the U.S. has hit a new low as inflation expectations soar, raising fears of a potential economic downturn. With prices on the rise and uncertainty surrounding trade policies, Americans are growing increasingly worried about their financial futures.
Stock futures remained steady as the Federal Reserve kept interest rates unchanged amidst rising inflation and unemployment risks. Fed Chair Powell warned of economic uncertainty, leaving investors anxious about a potential recession.
In a dramatic escalation, President Trump intensifies his critique of Federal Reserve Chair Jerome Powell, questioning his leadership amid rising inflation and economic uncertainty. With calls for Powell's removal, the political and economic implications are profound as Trump's tariff policies face bipartisan scrutiny.
The White House debunks rumors of a 90-day pause on Trump's tariffs as markets react negatively. Amid bipartisan criticism from billionaires, Trump insists tariffs are vital for economic growth.