News

Tariffs likely to cause higher inflation and slower growth, Powell warns
Late last year, the Federal Reserve was on the cusp of achieving a so-called soft landing — inflation steadily cooling ...
CNN13d
Jerome Powell warns on Trump’s tariffs: High inflation could be here to stay
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 ...
Fed Chair Powell says he expects Trump's tariffs will hike inflation and slow growth
"While tariffs are highly likely to generate at least a temporary rise in inflation, it's also possible the effects will be ...
Business Times1d
Powell Warns Trump’s Tariffs Could Trigger Fed Dilemma as Inflation and Growth Diverge
Federal Reserve Chair Jerome Powell warned Wednesday that President Donald Trump's sweeping tariffs could place the central ...
Columbus Dispatch13d
Fed's Powell addresses Trump's tariffs, says officials' job is to contain inflation
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.
NBC 10 Philadelphia13d
Powell sees tariffs raising inflation and says Fed will wait before further rate moves
Federal Reserve Chair Jerome Powell said Friday that he expects President Donald Trump's tariffs to raise inflation and lower growth, and indicated that the central bank won't move on interest ...
The Jerusalem Post Blogs13d
Fed's Powell says larger-than-expected tariffs likely to boost inflation, slow growth
Powell spoke as equity markets from Tokyo to London to New York continued a swoon that has wiped some 10% off major US stock indexes since Trump announced a raft of new tariffs. U.S. Federal ...