The central bank held steady on rates, keeping them at a range of 4.25% to 4.5%, but highlighted rising inflation risk.

Powell and other ... the founder of Inflation Insights, said in a client note. Inflation expectations had been increasing even before the bulk of Trump’s tariffs took effect.

WASHINGTON — The Federal Reserve kept its key interest rate unchanged Wednesday, brushing off President Donald Trump’s demands to lower borrowing costs, and said that the risks of both higher ...

With the return of Donald Trump to the White House, the United States has signalled a return to aggressive tariff policies, upending economic ...

Joe Raedle/Getty Images Tariffs could add 2.25% to ... "I think the underlying inflation picture is good," Fed Chair Jerome Powell told reporters at a press conference this week following the ...

The Fed has been on hold since its last cut in December as it waits to evaluate the tariff ... Powell said last month that the duties could put the central bank in a crunch between reining in ...

Although Walmart said yesterday it would raise some prices due to tariffs, the overall effect of Trump's policies was "somewhat less widespread than I had expected," said Inflation Insights' Omair ...

Jerome Powell’s determination ... a scenario where inflation and interest rates glide lower while unemployment remains low. Trump’s sweeping tariffs have upended the outlook, raising ...

Fed Chair Jerome Powell said that the current announced levels of tariffs could lead to a slowdown in economic growth and a potential rise in long-term inflation. "If the large increases in ...