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Powell said the Fed faces a "highly uncertain outlook" because of the new reciprocal levies the president announced Wednesday ...
Federal Reserve Chairman Jerome Powell is set to take the stage on Friday in the wake of the latest snapshot of the U.S.
Jerome H. Powell, chair of the Federal Reserve, says the central bank’s “obligation” is to ensure that a “one-time increase ...
ARLINGTON, Va. (AP) — The Trump administration’s expansive new tariffs will likely lead to higher inflation and slower growth ...
The Federal Reserve is now under growing pressure to cut interest rates and pump cash into the financial system at its next ...
Powell's emphasis on controlling inflation suggests the Fed is likely to hold its benchmark interest rate at around 4.3 percent.
Noting that tariffs could both push up inflation and slow the economy, Federal Reserve Chair Jerome Powell said Friday the central bank will be especially vigilant about keeping inflation in check.
In written remarks delivered in Arlington, Virginia, Powell said that the tariffs and their impacts on the economy and inflation are "significantly larger than expected." He also said that the ...
In a Friday speech to a business journalism conference, Powell warned that the scope and scale of Trump’s new reciprocal tariffs exceeded expectations and raised the risk of long-term inflation ...
Inflation is likely to pick up because of President Donald Trump’s sweeping tariffs, and could remain elevated, Federal Reserve Chair Jerome Powell said Friday. “We face a highly uncertain ...