The Federal Reserve kept its key interest rate unchanged Wednesday, brushing off President Donald Trumps demands to lower borrowing costs, and said that the risks of both higher unemployment and higher inflation have risen, an unusual combination that puts the central bank in a difficult spot.
The policy to use city cash to help finance housing construction could set an example for other locales seeking to build affordable homes amid waning federal support.
Analysts have warned that automakers won't be able to absorb all of the costs created by tariffs, and it will result in price increases for U.S. consumers.
