Jerome Powell says tariffs may slow efforts to curb inflation
Federal Reserve Chairman Jerome Powell said Wednesday that inflation driven by President Donald Trump’s tariff agenda could make it more difficult to achieve the Fed’s goal of lowering inflation.
Mediaite on MSN15d
Fed Chair Jerome Powell Points to ‘Tariff Inflation’ As Dragging Down the Economy
Powell, who was appointed by Trump, told Guida in November that he would not step down if Trump asked him to or tried to fire him.
Yahoo Finance11d
Powell flirts again with a dangerous way to describe inflation: 'Transitory'
It came from Fed Chair Jerome Powell, who told reporters Wednesday his "base case" is that higher inflation stemming from President Trump's tariffs will be "transitory" — reviving memories of ...
Fed decision recap: Powell says tariffs could delay progress on lowering inflation
"Looking ahead, the new administration is in the process of implementing significant policy changes in four distinct areas: trade, immigration, fiscal policy and deregulation. It is the net effect of ...
Business Insider14d
Powell warns inflation is sticking around thanks to Trump's tariffs
Fed Chair Jerome Powell said inflation is unlikely to make further progress this year due in part to Trump's tariffs. He added that the Fed's inflation forecast is rising primarily due to ...
Wall Street Journal14d
Tariffs Give the Fed an Inflation Foil
President Trump likes to blame Federal Reserve Chairman Jerome Powell ... on Wednesday Mr. Powell was able to blame Mr. Trump’s tariffs for at least some of an anticipated inflation rebound.
Reuters27d
Powell says tariffs could feed inflation, Fed must wait to determine the impact
NEW YORK, March 7 (Reuters) - Federal Reserve Chair Jerome ... term inflation expectations. How persistent are the inflationary effects?" "You want to look at all those things," Powell said ...
The Independent17d
'Stagflation' risk puts Federal Reserve in tricky spot as it meets this week
As the Fed prepares to meet Tuesday and Wednesday, the central bank and its chair, Jerome Powell, are potentially headed to a much tougher spot. Inflation improved last month but is still high and ...
New York Post27d
Fed chair Jerome Powell says he’s in no hurry to cut rates amid Trump policy shifts
Federal Reserve Chair Jerome Powell hinted ... path of monetary policy.” Powell last month indicated the Fed would wait to make any policy changes after some inflation reports came in hotter ...
CBS News26d
Federal Reserve Chair Jerome Powell says interest rates on hold amid rise in economic uncertainty
Federal Reserve Chair Jerome Powell ... and answer session, Powell acknowledged that typically tariffs would cause a "one-time" price increase, rather than persistent inflation, and the Fed ...
Washington Examiner15d
Jerome Powell says tariffs may slow efforts to curb inflation
Federal Reserve Chairman Jerome Powell said Wednesday that inflation driven by President Donald Trump’s tariff agenda could make it more difficult to achieve the Fed’s goal of lowering inflation.