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That is a risk it would run if Powell and others were to appear to lean in favor of rate cuts to stabilize the economy at a time when higher inflation ... surfaced as the "Greenspan put," coined ...
Jerome Powell, the Fed chair, made headlines when he said that the inflation impact from tariffs would be transitory — a word whose use came back to haunt then–Treasury Secretary Janet Yellen ...
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 ...
The Trump administration's expansive new tariffs will likely lead to higher inflation and slower growth for the U.S. economy, Federal Reserve Chair Jerome Powell said Friday. Powell said that the ...