Yet at that point, if the Fed acts to reflate the economy, inflation could easily rise above 4%. But if the Fed enables Trump's reckless macroeconomic and tariff policies and fails to put the brakes ...

If President Donald Trump’s large tariffs remain in place for some time, the economy is likely to slow to a crawl, Federal Reserve governor Chris Waller said Monday. As a result, interest-rate cuts ...

Trump has attempted to narrow what had become an unprecedented trade war between the US and most of the world to now a ...

Chicago Federal Reserve President Austan Goolsbee said Thursday it's "not a pause of anything" about Trump’s announcement ...

Federal Reserve Bank of Chicago President Austan Goolsbee said Thursday high levels of uncertainty amid very aggressive trade ...

WASHINGTON (AP) — U.S. inflation declined last month as the cost of gas, airline fares, and hotel rooms fell, a sign that ...

Nominal GDP targeting would allow the central bank to balance price stability and maximum employment more effectively.

Amid the recent market bloodbath, traders are now anticipating five interest rate cuts in 2025, estimating that these cuts ...

The Trump administration has given a variety of reasons and mixed messages for ratcheting up the tariffs charged on goods ...

The US economy could be stuck in a tug-of-war that offers no good solutions for the Fed, as low growth and rising prices ...

Tariffs set to take effect this week risk stoking even higher inflation and slower growth than expected, complicating the ...

Last week the FOMC kept its interest rate target steady between 4.25% and 4.5%, warning that uncertainty around the outlook had risen. Forecasts released by the Fed also included higher near-term ...