News

Federal judges grill Trump lawyers over 'Liberation Day' tariffs on eve of enforcement
An appeals court in Washington considered President Donald Trump's sweeping tariff plan, which comes into force Aug. 1 and ...
Today's Federal Circuit Oral Argument in Our Tariff Case
Outcomes are hard to predict. But the judges seemed skeptical of the administration's claim that the president has virtually unlimited power to impose tariffs.
Fed's preferred inflation gauge shows price increases accelerated in June amid tariff uncertainty
Thursday's release of June PCE data comes just one day after the Federal Reserve opted to hold interest rates steady at its ...
Fed Staff Members Cite Tariffs and Inflation for Costly Renovations
A sprawling $2.5 billion project to renovate the central bank’s headquarters in Washington has become the focal point of ...
Buoyed by tariffs, the Fed’s preferred measure of inflation is running hot
Taken all together, the report shows that Trump’s tariffs are beginning to leave more of an imprint on the economy.
Overall effects of tariffs on prices still to be seen, Fed Chair Powell says
"Despite elevated uncertainty, the economy remains in a solid position," Federal Reserve Chair Jerome Powell said on Wednesday after the Federal Open Market Committee kept rates unchanged at ...
Fed's Williams says tariff economic impact is only just starting
Federal Reserve Bank of New York President John Williams said Wednesday that monetary policy is in the right place to allow central bankers to monitor the economy before taking their next steps, while ...