News

USA Today6d
Fed's Powell addresses Trump's tariffs, says officials' job is to contain inflation
Investors hoping the Federal Reserve will quickly lower interest rates to rescue a wobbly economy and sinking stock market from President Donald Trump’s sweeping tariffs may be disappointed.
Finance & Commerce6d
Fed’s Powell: Tariffs likely to raise inflation, slow U.S. economic growth
ARLINGTON, Va. — The Trump administration’s expansive new tariffs will likely lead to higher inflation and slower growth, and the Federal Reserve will focus on keeping price increases ...
Yahoo Finance6d
Powell: Inflation from Trump’s 'larger than expected' tariffs 'could be more persistent'
Federal Reserve Chairman Jerome Powell on Friday appeared to back away from a "base case" view that inflation from President Trump's new tariffs could be transitory, saying that "it is also ...
Fox Business6d
Fed Chair Powell says tariffs likely to cause inflation to rise, could be persistent
Federal Reserve Chair Jerome Powell said at a conference Friday that President Donald Trump's tariffs are likely to increase inflation and slow economic growth, saying the central bank will do ...
Yahoo Finance6d
Powell says tariff inflation 'could be more persistent' as Trump urges him to cut rates
Federal Reserve Chair Jerome Powell on Friday appeared to back away from a "base case" view that inflation from President Trump's new tariffs could be transitory, saying that "it is also possible ...