Retail sales slow sharply in April as pre-tariff spending burst reverses
Thursday's retail sales report comes as investors continue to search for clues on how President Trump's tariffs may impact consumer spending.
Yahoo Finance
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37 minutes ago
Federal Reserve Chair Jerome Powell said Thursday that the US may be entering a period of more frequent supply shocks and volatile inflation, warranting more transparent communication practices from the central bank.
Retail sales slow sharply in April as pre-tariff spending burst reverses
Thursday's retail sales report comes as investors continue to search for clues on how President Trump's tariffs may impact consumer spending.
Yahoo Finance
•
37 minutes ago

Walmart warned that it may raise prices as it won't be able to fully absorb higher costs due President Trump's tariffs.

President Trump has relentlessly pushed Powell and the Fed for lower interest rates since earlier this year, calling Powell “Too…

The Federal Reserve chair underscored the impacts of Trump's tariffs and immigration policies.

Federal Reserve Governor Adriana Kugler said on Thursday she’s closely watching markets amid substantial shifts in trade policy…

July inflation data suggests the FOMC’s dual mandate may not be in as much of a pickle as economists previously feared.

April's PCE report comes as investors are closely watching for any inflationary impacts from President Trump's tariffs.