Core PCE is still projected to remain elevated at 2.7% (above the Fed’s target), and unemployment is now expected to increase more significantly from 4.0% to potentially above 4.3%.

As the Fed considers its next moves during a two-day meeting this week, most economic data looks solid. Yet President Trump’s tariffs may push inflation higher in the coming months.

As the Fed considers its next moves during a two-day meeting this week, most economic data looks solid. Yet President Trump’s tariffs may push inflation higher in the coming months.

As the Fed considers its next moves during a two-day meeting this week, most economic data looks solid. Yet President Trump’s tariffs may push inflation higher in the coming months.

WASHINGTON — (AP) — The U.S. economy is mostly in good shape but that isn't saving Federal Reserve chair Jerome Powell from a spell of angst.. As the Fed considers its next moves during a two ...