News

Inflation, unemployment in Massachusetts ahead of national levels. So who's to blame?
But Massachusetts is already feeling the pinch and the argument over who's to blame is in full swing. "We have a lot of great ...
US inflation slows unexpectedly to 2.3% in April
The Consumer Price Index jumped 2.3% in April from the year before, below March’s 2.4% increase, the Bureau of Labor ...
Fed Holds Rates Steady, Warns of Higher Unemployment and Inflation
The Fed operates with a dual mandate of keeping the labor market healthy while maintaining stable prices. At the moment, the ...
Fed’s Powell Says Risks of Higher Unemployment, Inflation Have Risen
Fed Chair Jerome Powell kicked off his post-meeting press conference by saying the central bank remains “squarely focused” on ...
Fed might have to pick between solving unemployment or inflation, Powell says
Fed Chair Jerome Powell said the current size and scale of tariffs, if left unchanged, would likely cause both unemployment ...
Tariffs may have pushed up inflation a bit in April, government report to show
Tuesday’s report could provide an early read on how Trump’s duties will affect the prices Americans pay for necessities.
Inflation cooled again even as some tariffs took effect. But economists don't expect that to last
Inflation may have picked up slightly last month as President Donald Trump’s widespread tariffs kicked in, a trend economists ...
Fed’s Barr Warns Tariffs Risk Higher Inflation, Unemployment
Federal Reserve Governor Michael Barr said the Trump administration’s trade policies could put the US central bank in a ...
Rising Inflation, Unemployment Would Leave Fed With ‘Difficult’ Choice
Reporters pressed Chair Jerome Powell at his news conference Wednesday on what the Fed plans to do if the jobless rate rises alongside price pressures: Which part of the dual mandate will the Fed give ...
Federal Reserve leaves key rate unchanged as it sees risk of higher prices and higher unemployment
WASHINGTON (AP) — The Federal Reserve kept its key interest rate unchanged Wednesday, brushing off President Donald Trump’s ...
Fed Warns Trump Tariffs May Increase Inflation, Unemployment
Federal Reserve Chairman Jerome Powell held interest rates steady despite the president's threats to force him out his ...
Fed still likely to play 'wait and see' on rates amid tariff inflation uncertainty
Investors are betting that the Federal Reserve is likely to keep interest rates on hold in the near term following another inflation reading that didn’t make things any easier for the central bank.