Inflation gauge favored by Fed showed core prices ticked higher in February

By: Federal Reserve Chairman Jerome Powell explains how policymakers will work to determine whether tariffs are contributing to what is already persistent inflation. The Federal Reserve’s preferred inflation gauge showed prices rose in February at a pace that continues to exceed the central bank’s target level amid its ongoing efforts to tamp down inflation. The…

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Inflation likely to surge to 3.3% this year: NABE survey

By: Dive Brief: President Donald Trump’s April 2 “Liberation Day” announcement of sweeping tariffs prompted economists to forecast higher inflation and unemployment, and raise the odds of recession, the National Association for Business Economics said Monday. Economists surveyed from April 7 until April 9 pushed up their estimate for the 2025 increase in the personal…

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