What to know about the Fed’s decision.

What to know about the Fed’s decision.

The Federal Reserve left interest rates unchanged for a third meeting in a row on Wednesday, as officials stuck to a wait-and-see approach amid heightened uncertainty about how significantly President Trump’s tariffs will raise inflation and slow growth. The unanimous decision to stand pat will keep interest rates at 4.25 percent to 4.5 percent. Rates…

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Inflation Eased in March but Tariffs Raise Risk of Higher Prices

Inflation Eased in March but Tariffs Raise Risk of Higher Prices

Inflation cooled unexpectedly sharply in March, a welcome development given the uncertainties surrounding President Trump’s global tariffs that are widely expected to stoke price pressures while also denting growth. The Consumer Price Index climbed 2.4 percent last month from a year earlier, a far slower pace than February’s 2.8 percent increase and the lowest annual…

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Trump Trade Policies and Federal Cuts Shake Consumer Confidence

Trump Trade Policies and Federal Cuts Shake Consumer Confidence

Americans are increasingly anxious about their jobs and finances as the Trump administration’s trade policies and government cutbacks stoke concern about the economy. Consumer confidence tumbled this month to its lowest level since January 2021, the Conference Board reported on Tuesday, extending a decline that has been underway since shortly after President Trump was elected…

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