Inflation remains above Fed target amid economic uncertainty

A key inflation gauge reached a three-year high due to widespread price increases across the economy.

The Fed is confronted with difficult decisions as economic growth slows while inflation continues to rise.

The Treasury Secretary described the economy as 'challenging' due to rising inflation and slowing growth.

Kevin Warsh faces the challenge of containing hawkish members within the Federal Reserve as inflation continues to be a concern.

Fed Vice Chair Jefferson signaled no urgency for rate cuts amid rising inflation concerns.

The Trump administration announced it will begin trade negotiations with Mexico as part of the first USMCA review, with no talks involving Canada.