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Federal Reserve Chair Jerome Powell said Trump tariffs are likely to raise inflation and slow economic growth.
His remarks come amid growing unease in financial markets as the impact of Trump’s latest round of tariffs on key trade ...
Fed's Powell said the economy is in "good place," and officials must keep inflation controlled. His remarks suggest the ...
Powell's emphasis on controlling inflation suggests the Fed is likely to hold its benchmark interest rate at around 4.3 percent.
The post Fed Chair Jerome Powell Warns Trump Tariffs Could Lead to Higher Inflation, Slower Growth—but Admits Full Impact ...
In 2021, the US central bank erred grievously by dismissing inflation as ‘transitory.’ Now that the same word has popped up ...
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.
"While tariffs are highly likely to generate at least a temporary rise in inflation, it's also possible the effects will be ...
"We are well positioned to wait for greater clarity before considering any adjustments to our policy stance," said Fed Chair ...
Investors skeptical of Fed pivot and trade truce, bet on prolonged uncertainty. Bond yields rise despite soft inflation ...
US Fed Chair Jerome Powell says the Trump administration’s expansive new tariffs will likely lead to higher inflation and ...
Rate hikes are even back on the table at the Federal Reserve, one economist says After the past two recessions, investors have gotten used to the Federal Reserve riding in, in a timely and ...