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Tariffs will likely push inflation higher, Fed Chair Jerome Powell warns, rebuffing Trump’s bid to cut rates
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 says larger-than-expected tariffs likely to boost inflation, slow growth
President Donald Trump's new tariffs are "larger than expected," and the economic fallout including higher inflation and ...
Hosted on MSN6d
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 ...
Axios on MSN6d
Fed's Powell: Tariff inflation could persist, slower growth likely
Federal Reserve chair Jerome Powell said Friday that bigger-than-expected tariffs will translate into higher inflation and ...
Tuko News on MSN6d
US Fed Chair warns tariffs will likely raise inflation, cool growth
US President Donald Trump's tariffs risk higher unemployment and will likely cause inflation to rise and growth to slow, ...
Fox Business6d
Fed Chair Powell says tariffs likely to cause inflation to rise, could be persistent
CHINA RETALIATES WITH 34% TARIFFS ON US IMPORTS Fed Chair Jerome Powell said that tariffs are likely to at least temporarily increase inflation. (Anna Moneymaker/Getty Images / Getty Images ...
Indiatimes6d
Inflation may rise, growth may dip, US Fed chair Jerome Powell cautions on Trump's tariffs
Fed Chair Powell warns new Trump tariffs will raise inflation and slow growth, emphasizing the need to keep price increases temporary. Despite Wall Street's rate cut expectations, the Fed ...
The Independent6d
Federal Reserve chair Powell predicts tariffs will spike inflation and slow economic growth
At such a critical moment in US history ... it. Federal Reserve Chairman Jerome Powell warned that President Donald Trump’s across-the-board tariffs could cause a spike in inflation and curb ...
ABC News6d
Fed Chair Powell says he expects Trump's tariffs will hike inflation and slow growth
"That's what people expect from us." The remarks from Powell came about two weeks after the Fed opted to hold interest rates steady, even as the central bank said it expected higher inflation and ...
The Denver Post6d
Federal Reserve chief says Trump tariffs likely to raise inflation and slow US economic growth
(AP) — The Trump administration’s expansive new tariffs will likely lead to higher inflation and slower growth for the U.S. economy, Federal Reserve ... including by us,” Powell said during ...
Yahoo Finance6d
US Fed Chair warns tariffs will likely raise inflation, cool growth
US tariffs will likely cause inflation to rise and growth to slow, Federal Reserve Chair Jerome Powell said Friday, also warning of an "elevated" risk of higher unemployment. President Donald ...