The market, in turn, has tumbled as Trump’s trade war sparks fears of a forthcoming recession. Last week, the Dow dropped 670 ...
Republican Representative Chuck Edwards decided to hold a town hall meeting in his district Thursday, and it went so badly ...
The University of Michigan's index of consumer sentiment tumbled 10.5% on a monthly basis in March and plunged 27.1% over the ...
Excluding volatile food and energy prices, so-called core wholesale prices fell 0.1% last month from January, first drop ...
U.S. consumer prices increased moderately in February as higher shelter costs were partially offset by cheaper airline fares, ...
Tariff threats and uncertainty could weigh on consumers, drag down US economy, gov’t report suggests
Ongoing tariff threats from Washington and potentially sweeping government job cuts have darkened consumers’ mood and may be ...
“I no longer think that risks to hitting the 2% inflation target sustainably in the medium term are to the downside,” he said. “Instead, I think they are two-sided, reflecting the potential ...
"With inflation just recently at a 40-year high, now is not the time to let down our guard," Schmid said in a speech at the US Department ... Fed's preferred inflation target, the "core" Personal ...
said inflation data itself has been largely stuck above the Fed's 2% target. Yet at the same time, he said there are signs that elevated uncertainty about the economy's direction may lead to ...
PCE inflation, due Friday, is expected to move a little closer to the Fed’s 2% target, in a Wall Street Journal survey.
The European Central Bank can continue to reduce interest rates as eurozone inflation ... our medium-term target of 2% over the course of this year. This would allow us on the governing council ...
the unofficial target was zero, as the mandate was price stability,” Schiff wrote. Former central banker Neil Grossman added historical context, noting that the 2% inflation concept originated ...
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