Tag: inflation
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Cleveland Fed’s Hammack casts doubt on interest rate cuts amid inflation worries
Cleveland Federal Reserve President Beth Hammack said Friday she would be hesitant about lowering interest rates as long as inflation remains a threat.In...
Here’s the inflation breakdown for July 2025 — in one chart
Spencer Platt | Getty ImagesInflation held steady in July as price declines for staples like groceries and gasoline helped offset price increases for...
Here’s the inflation breakdown for May 2025 — in one chart
David Paul Morris/Bloomberg via Getty ImagesThe annual inflation rate increased slightly in May as an uptick in grocery inflation somewhat offset lower prices...
Tariffs, trade war inflation impact to be ‘pretty ugly’ by summer
People shop at a grocery store in Manhattan on April 1, 2025, in New York City.Spencer Platt | Getty ImagesThe impact of President...
Powell sees tariffs raising inflation and says Fed will wait before further rate moves
Federal Reserve Chair Jerome Powell said Friday that he expects President Donald Trump's tariffs to raise inflation and lower growth, and indicated that...
