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.

Powell called Trump's tariff increases "significantly larger than expected." (BRENDAN SMIALOWSKI/AFP via Getty Images) Powell said Friday the economic effects of President Donald Trump’s massive ...

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 ...

Powell says economy remains stable but warns tariffs may drive inflation higher in coming quarters. Trump urges immediate rate cuts, calling recent data a “big win” and accusing Powell of ...

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 ...

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 ...