Fed's Goolsbee warns of potential inflationary impact of tariffs
Chicago Federal Reserve President Austan Goolsbee warned on Wednesday that ignoring the potential inflationary impact of ...
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 ...
Could Tariffs Spark Covid-Like Inflation? One Fed Official Is Wary
Tariffs proposed by President Donald Trump could disrupt supply chains and stoke inflation, much like the cascade of price increases that ripped through the economy during the pandemic, one official ...
Dollar slumps to 8-week low vs yen as trade war risk recedes
The U.S. dollar slumped to an eight-week trough to the yen and lingered near a one-month low versus sterling on Thursday, as ...
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Mortgage rates dip, remain above 7%
Mortgage rates pulled back ever so slightly this week, with the 30-year fixed rate averaging 7.02 percent, down from 7.03 ...
More crowded US dollar trade ramps up expectations for euro parity
The greenback has been on a rampage since late September, soaring over 7% against a basket of major currencies and hammering ...
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Will Trump’s federal hiring freeze affect IRS tax returns?
President Trump signed an executive order last month enacting a hiring freeze for federal employees. The memorandum is set to ...
Cognizant Forecasts 2025 Revenue Below Estimates as Businesses Temper IT Spending
Cognizant expects its 2025 revenue to be between $20.3 billion and $20.8 billion, lower than estimates of $20.89 billion. It ...
More crowded US dollar trade ramps up expectations for euro parity: Reuters poll
A crowded strong U.S. dollar trade is set to get more bunched up in coming months, with near one-third of currency ...