Most Fed officials have been more cautious about cutting rates, citing concerns that broad-based tariffs on U.S. trading partners could push inflation higher. The U.S. consumer price index rose by 2.7 ...

The slowdown came as U.S. President Donald Trump's administration slapped sweeping tariffs on major U.S. trading partners. Economists have long warned that the duties could strain the broader U.S.

The Dow Jones Industrial Average dropped 542.4 points, or 1.23 percent, to 43,588.58. The S&P 500 declined 1.6 percent to ...