Powell predicting inflation will rise

NEW On the move? Let us read it for you. LISTEN NOW Your browser does not support the audio element. ARLINGTON, Va. -- The Trump administration's expansive new tariffs will likely lead to higher inflation and slower growth for the U.S. economy, Federal …

Weekly inflation slightly edges up as prices of food and household goods increase

The Sensitive Price Indicator (SPI), a key measure of weekly inflation, has recorded a 0.20% increase for the combined consumption groups during the week ending April 3, 2025, according to the Pakistan Bureau of Statistics (PBS).  The SPI for this period …

Weekly inflation shows 0.20pc increase

ISLAMABAD  -  Weekly inflation, measured by the Sensitive Price Indicator (SPI), has slightly enhanced by 0.20 percent during the week ended on April 3 this year. The SPI based inflation for combined consumption groups has recorded at 319.79 points as …

Economists warn that tariffs could dampen growth and fuel inflation

Tariffs Will Increase Inflation, Jerome Powell Warns—As Trump Pressures Fed To Cut Rates

Topline Sweeping tariffs rolled out by the Trump administration this week are expected to raise inflation and slow economic growth, according to Federal Reserve Chairman Jerome Powell, who indicated Friday that the Fed is likely to keep its benchmark …

Trump’s tariffs will likely mean ‘higher inflation and slower growth’, says Fed chair

Donald Trump’s global tariffs assault is set to raise prices and slow down economic growth, Federal Reserve chair Jerome Powell has warned, defying the US president’s demands for an immediate interest rate cut. While the US economy remains robust, Powell …

Study: Repealing Inflation Reduction Act Could Cost Jobs, Raise Energy Bills

A new economic analysis shows that repealing the Inflation Reduction Act (IRA) could cost state economies billions of dollars, cause them to miss out on thousands of jobs, and raise energy costs for consumers. The IRA, originally passed in 2022, represents …

Economists warn that tariffs could dampen growth and fuel inflation

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Trump Tariffs Erode $5 Trillion In Market Cap In 2 Days As China Retaliates, Jerome Powell Warns Of Inflation

The U.S. markets faced a severe downturn as tensions between the U.S. and China escalated following the announcement of new tariffs by President Donald Trump. What Happened: The stock market experienced a significant downturn on Friday, with S&P 500 …

Gold Price Crashed Over 2.8% As Powell Turns Hawkish On Tariffs And Inflation

Friday, April 4, 2025 7:55 PM EDT Image Source: Pixabay Gold drops for the second day as safe-haven appeal wanes, despite Powell highlighting increased downside risks. Powell states the Fed can delay action for clarity, noting tariffs may prolong inflation …