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.

Unemployment remained relatively stable amid declining consumer confidence and an emerging trade war, which have roiled ...

With inflation and growth facing crosscurrents, the Federal Reserve leaders are favoring a data-dependent stance.

Should the president hold fast to his tougher-than-expected trade policy, there’s a material risk of at least near-term costs.

(Reuters) - Federal Reserve Vice Chair Philip Jefferson on Thursday declined to offer any specifics about how the Trump administration's sweeping tariffs announced on Wednesday affect his outlook for ...

Federal Reserve Vice Chair Philip Jefferson on Thursday said that with the economy in solid shape, tariffs already pushing ...

The labor market is solid, U.S.economic growth has continued to expand, and inflation, while down from its peak, has recently ...

Federal Reserve (Fed) Board of Governors Vice Chair Philip Jefferson had the dubious honor of being the first high-profile Fed speaker out of the gate after the Trump administration's tariff ...

(Reuters - Federal Reserve Vice Chair Philip Jefferson on Thursday said that with the U.S. economy in solid shape, tariffs already pushing upward on goods inflation, and higher than usual uncertainty ...