'Worst place to be' for Federal Reserve as Trump tariffs boost inflation, raise recession odds: economist
Trump's sweeping tariff announcements will make life all that much harder for Federal Reserve Chair Jerome Powell and his colleagues. Levies on the scale rolled out by the White House are set to boost inflation while also raising recession odds,
Higher inflation, shaky markets: What to expect from Trump's tariff policies, according to economists
Economists, market watchers and consumers alike are still trying to understand the implications of President Donald Trump's announcement on Wednesday of sweeping new tariffs. The plan, part of Trump's "Make America Wealthy Again" initiatives,
The Federal Reserve Bank of Richmond told Virginia lawmakers Wednesday that D.C., Maryland and Virginia could see significant ...
President Trump is pushing an aggressive policy against America's main trading partners that economists broadly agree will ...
The U.S. dollar's status as the global reserve currency continues to erode, with gold and “non-traditional” reserve ...
Interest expenses outpaced interest income for the second straight year, though the losses were smaller than the previous ...
The U.S. banking system has seen better days. From high-profile bank failures to dwindling consumer confidence, the financial ...
Minneapolis Federal Reserve Bank President Neel Kashkari on ... holdings because the level of reserves in the banking system remains abundant. New York Federal Reserve President John ...
The Federal Reserve ran an operating loss of $77.6 billion last year, the second straight year of large losses. The results ...
Higher borrowing costs and prices would be partially offset by a return to work for demographics hit hard by globalization.
Federal student loan borrowers should start repaying their loans so as not to affect their credit scores. A pause on credit ...
The Federal Reserve sets the federal funds target rate, also known as the fed funds rate, which is the interest rate at which commercial banks lend to each other overnight. Below, CNBC Select ...
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