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The Federal Reserve “has faced one big external shock after the other,” economist Mohamed El-Erian wrote in a Bloomberg ...
The post Fed Chair Jerome Powell Warns Trump Tariffs Could Lead to Higher Inflation, Slower Growth—but Admits Full Impact ...
Federal Reserve Chair Jerome Powell said Trump tariffs are likely to raise inflation and slow economic growth.
Jerome H. Powell, chair of the Federal Reserve, says the central bank’s “obligation” is to ensure that a “one-time increase ...
His remarks come amid growing unease in financial markets as the impact of Trump’s latest round of tariffs on key trade ...
Powell's emphasis on controlling inflation suggests the Fed is likely to hold its benchmark interest rate at around 4.3 percent.
Fed's Powell said the economy is in "good place," and officials must keep inflation controlled. His remarks suggest the ...
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.
Powell said the Fed faces a “highly uncertain outlook” because of the new reciprocal levies the president announced Wednesday ...
Fed Chair Jerome Powell warned on Friday that President Donald Trump’s sweeping tariffs would likely push inflation higher, ...
Inflation likely declined last month as the cost of energy, used cars and hotel rooms may have fallen, though President Donald Trump’s remaining tariffs could lift prices soon ...
"While tariffs are highly likely to generate at least a temporary rise in inflation, it's also possible the effects will be ...
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