Higher Tariffs Would Raise Inflation, Slow Growth, ECB’s Lagarde Says
A rise in U.S. tariffs on imports from the EU that was met with retaliation would weaken economic growth in the eurozone and ...
Bank of England leaves benchmark interest rate unchanged at 4.50% with inflation still high
The Bank of England kept its main U.K. interest rate unchanged at 4.50% on Thursday even though the economy is barely growing ...
Fed holds interest rates steady, forseeing less growth and higher inflation ahead
Fed policymakers said risks had increased, with a near unanimous sentiment in saying the outlook for the year was muddled.
Citing Tariffs and Uncertainty, Fed Sees Higher Inflation and Lower Growth
Jerome Powell, the Fed chair, said that “further progress may be delayed” on inflation because of tariffs. Officials kept ...
Fed Holds Rates Steady and Predicts Higher Inflation, Slower Growth Ahead
The central bank penciled in two rate cuts for 2025, but President Trump’s sweeping agenda has injected “remarkably high” ...
Fed Holds Rates Steady, Sees Slower Growth and Higher Inflation
Federal Reserve officials held their benchmark interest rate steady for a second straight meeting, caught between mounting ...
Federal Reserve keeps interest rate unchanged, sees slower growth, slightly higher inflation ahead
The Federal Reserve on Wednesday is expected to signal it could cut its key interest rate twice this year — the same forecast ...
Fed Stays Pat on Interest Rates, Sees Slower Growth and Higher Inflation in 2025
The Fed's summary of economic projections now sees growth in the nation’s gross domestic product at 1.7% this year, down from ...
Stagflation? Fed sees higher inflation and an economy growing by less than 2% this year
The rate-setting Federal Open Market Committee downgraded its collective outlook for economic growth to 1.7%, down from the ...
Canada's inflation jumps to eight-month high as sales tax break ends
Canada's annual inflation rate showed a surprise jump to 2.6% in February, surpassing expectations as a sales tax break that ...
Brazil's government maintains 2025 GDP forecast, sees higher inflation
Brazil's government on Wednesday kept its economic growth forecast for this year unchanged at 2.3%, while slightly increasing ...
Fed sees higher inflation and slower U.S. economy due to uncertainty tied to Trump tariffs
Uncertainty spawned by President Trump’s tariffs prodded the Federal Reserve to predict a slower economy and higher inflation ...