Inflation is likely to rise sharply through the rest of the year, the Federal Reserve's latest forecast indicates, due to the aftereffects of U.S. trade wars. But not for long. The bank upped its ...

The U.S. economy is on track to slow in 2025 as households and businesses grapple with higher prices stemming from U.S. tariffs, the Federal's Reserve latest forecast shows. Gross domestic product, ...

Investors digested the latest Federal Reserve interest rate decision amid ongoing Israel-Iran hostilities that could draw in ...