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Musalem repeated his view that with tariffs equally likely to lead to temporary inflation as to more persistent inflation, ...
The central bank official indicated that while he still sees the direction of rates being lower, the Fed likely will be on hold.
Even after the U.S. and China trade detente, the labor market looks likely to weaken and prices to head higher, but as long as the public continues to expect inflation to fall to the U.S. central bank ...
Chicago Fed President Austan Goolsbee sat for another interview on CNBC on Friday, where he was asked about President Trump's latest tariff threats. Having recently met with a number of business ...
The Trump trade war is de-escalating, but inflation, budget deficits and risks of a rekindled tariff fight continue to ...
Cleveland Fed President Beth Hammack said uncertainty over potential changes in trade and fiscal policy could ... “I don’t want to put a time frame on it, but I think it can be a while ...
Although they long for more clarity about tariffs, investors are nervous about sitting on the sidelines as stocks climb.
President Trump’s threat of hefty tariffs on EU goods will raise further fears about high U.S. inflation and weak economic ...
On Wall Street, the S&P 500 gained 0.4%, coming off a two-day losing streak that had snapped its nine-day winning run. The Dow Jones Industrial Average added 284 points, or 0.7%, and the Nasdaq ...
The St. Louis Cardinals find themselves in contention in their division, but there are still some players on the team that ...