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Jerome H. Powell warned that President Trump’s tariffs could lead to a “challenging scenario” for the central bank.
Late last year, the Federal Reserve was on the cusp of achieving a so-called soft landing — inflation steadily cooling ...
US President Donald Trump's tariffs will likely push up prices and constrain growth, and could put the Federal Reserve in the ...
The Fed is required by law to seek maximum employment and price stability, which it defines as yearly inflation of 2%. Powell acknowledged that the tariffs, which could cause job losses and raise ...
"While tariffs are highly likely to generate at least a temporary rise in inflation, it's also possible the effects will be ...
Wall Street’s worst crisis since COVID slammed into a higher gear Friday. The S&P 500 lost 6% after China matched President ...
Washington | US President Donald Trump’s new tariffs are “larger than expected” and the economic fallout, including higher inflation ... to the day’s losses after Powell’s remarks ...
WASHINGTON (Reuters) -President Donald Trump's new tariffs are "larger than expected" and the economic fallout including higher inflation ... added to the days losses after Powell's remarks ...