I would view that as a major red flag area of concern,” Goolsbee told the Financial Times. The Fed last week nudged up its inflation outlook and slashed its growth forecast, as Donald Trump’s ...

The downward pressure in February came largely from the first annual decline in clothing prices since 2021, which were down 0.6 per cent after rising 1.8 per cent in January. Recreation and culture ...

The FT-Booth poll also found that economists anticipate that Trump’s policies will push inflation up. They forecast that the annual rate of the core personal consumption expenditures price index — a ...

Donald Trump’s sweeping tariffs and rush to downsize the federal government will slow US economic growth and accelerate inflation, leading academic economists have warned in a survey by the Financial ...

The Fed’s latest projections showed officials expected GDP to expand by 1.7 per cent this year, with prices forecast to rise by 2.7 per cent. Policymakers kept the central bank’s main interest rate on ...

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