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Stagflation — a mix of slow economic growth, high inflation and high unemployment — which hit the U.S. in the 1970s, could ...
Many consumers nationwide plan to put a halt to their spending at all major corporations, taking part in a three-day economic ...
Financial experts worry the tariffs will slow the economy and increase inflation, leaving the Fed in a difficult position.
Christopher J. Waller argued that the effect of tariffs on prices could be short-lived, but he warned about a bigger hit to ...
What is going on in the background is fairly complex, but all consumers care about is that the transaction is successfully ...
Inflation eased to its lowest annual rate in nearly five years in March, as food and transport costs rose at a slower pace. Preliminary data from the Philippine Statistics Authority (PSA) showed the ...
Washington (CNN) — Inflation is likely to pick up because of President Donald Trump’s sweeping tariffs, and could remain elevated, Federal Reserve Chair Jerome Powell said Friday.
Finance Secretary Ralph G. Recto welcomed the sharp drop in headline inflation to 1.8% in March 2025—the lowest level recorded since the pandemic—while reaffirming the government’s commitment to ...
Washington (CNN) — Inflation is likely to pick up because of President Donald Trump’s sweeping tariffs, and could remain elevated, Federal Reserve Chair Jerome Powell said Friday. “We face a highly ...