Economy May 07

The Federal Reserve kept its key interest rate at 4.3 percent for the third straight meeting, after cutting it three times in a row at the end of last year.

Nation May 05

The Federal Reserve will likely keep its key short-term interest rate unchanged on Wednesday, despite harsh criticism from President Donald Trump and his demand that the Fed reduce borrowing costs.

Nation Apr 30

The president’s massive and unpredictable taxes on imports seems likely to mean emptier shelves and higher prices for American shoppers, perhaps within weeks.

Politics Apr 30

The January-March expansion was the slowest in almost three years and was down from 2.4 percent in the last three months of 2024.

Nation Apr 29

Americans’ confidence in the economy slumped for the fifth straight month to the lowest level since the onset of COIVD-19 as worries about the impact of tariffs take a heavy toll on consumer expectations for future growth.

Economy Apr 22

The forecasts are largely in line with many private-sector economists' expectations, though some do fear a recession is increasingly likely.

Politics Apr 16

The Federal Reserve can stay patient and wait to see how tariffs and other economic policies of the Trump administration play out before making any changes to interest rates, Chair Jerome Powell said Wednesday.

Economy Apr 10

Consumer prices rose just 2.4 percent in March from a year earlier, the Labor Department said Thursday. Economists warned that the data is mostly backward-looking and likely to be overtaken by the impact of the tariffs that President Donald Trump…

Politics Apr 04

Powell said that the tariffs, and their likely impacts on the economy and inflation, are “significantly larger than expected.”…

Economy Apr 03

Economists don’t share President Donald Trump’s enthusiasm for tariffs since they’re a tax on importers that usually get passed on to consumers. It’s possible, however, that the reciprocal tariffs could bring other countries to the table and get them to…