Inside the Fed, fears increase that Trump tariffs would boost inflation
There’s a growing sense among some inside the Federal Reserve that President Donald Trump’s willingness to use tariffs as a ...
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Average US rate on a 30-year mortgage falls to 6.89%, third straight weekly decline
The average rate on a 30-year mortgage in the U.S. eased for the third week in a row, a smidgen of relief for prospective ...
Goolsbee: Fed in solid place for eventual cuts though uncertainty means a slower approach
A full-employment economy with solid growth and falling inflation will let the U.S. Federal Reserve continue cutting interest ...
Bessent's Focus on 10-Year US Treasury Yield May Let Fed off the Hook
WASHINGTON (Reuters) - The Trump administration's emerging focus on long-term Treasury bond yields may show growing ...
Chicago Fed CEO says tariff uncertainty could slow rate lowering
"I still think my ultimate where-we're-going-to-land is a fair bit below where we are today," Austan Goolsbee said at auto ...
Fed officials are raising concerns about the impact Trump's tariffs could have on inflation
Federal Reserve officials take great pains not to comment on fiscal policy, but the looming threat from tariffs is forcing ...
Trump's China tariff increase affects Ford and GM vehicles, billions of dollars in auto parts
The largest impact on actual vehicles will be on on Ford Motor's Lincoln Nautilus and General Motors' Buick Envision. Those ...
Fed's Goolsbee Warns of Potential Inflationary Impact of Tariffs
The U.S. economy is strong, the labor market is "plausibly" at full employment, and inflation has come down and is ...
Fed officials note abundance of uncertainty in Trump's policy moves
Federal Reserve officials on Wednesday pointed to the large policy uncertainty around tariffs and other issues arising from ...
Tariffs on China may have larger effect on inflation this time, Chicago Fed's Goolsbee says
Since 2018, companies have shifted the easier-to-substitute supplies out of China. That means products that are still coming from China "might be the least substitutable goods," Chicago Fed President ...
Auto industry bracing for further disruption in 2025, experts say
Analysts, experts and professionals from the industry spoke out about their concerns at the 31st Automotive Insights ...