A key U.S. inflation gauge slowed last month as President Donald Trump's tariffs have yet to noticeably push up prices. Spending by Americans slowed despite rising incomes, potentially an early ...
May 9 (Reuters) - U.S. President Donald Trump's trade policies will likely lift inflation, lower growth, and raise unemployment later this year, Federal Reserve Governor Michael Barr said, leaving ...
Jerome H. Powell, chair of the Federal Reserve, says the central bank’s “obligation” is to ensure that a “one-time increase in the price level does not become an ongoing inflation problem.” By Colby ...
The Federal Reserve's current dual mandate interpretation prioritizes employment over inflation, risking long-term credibility and failing to achieve its 2% inflation target. Recent policy shifts, ...