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Market Domination host Josh Lipton breaks down some of the top stories of the day. US markets (^DJI, ^GSPC, ^IXIC) sold off ...
Powell on Wednesday repeated some of the same points on tariffs and inflation he made during ... was that any price increases would prove to be "transitory." But he has since backed away from ...
Diccon Hyatt is an experienced financial and economics reporter who has covered the pandemic-era economy in hundreds of stories over the past two years. He's written hundreds of stories breaking ...
saying his "termination cannot come fast enough" after Powell warned that "tariffs likely to generate inflation." "The ECB is expected to cut interest rates for the 7th time, and yet, ...
The economy will likely stumble as it adjusts to new trade policies announced by the Trump administration, Federal Reserve ...
Federal Reserve Chair Jerome Powell expressed concern over achieving the central bank’s dual mandate as tariffs are likely to drive inflation higher while weakening economic growth. His comments ...
Powell warned ... the price pressures as “transitory,” resulting in the Fed’s keeping interest rates too low for too long and worsening the extent of the inflation problem, which they ...
Federal Reserve Chair Jerome Powell on Wednesday cautioned that the central bank could face a "challenging scenario" of managing both accelerating inflation and a slowing economy brought on by the ...
Federal Reserve Chairman Jerome Powell said Wednesday the central bank will "wait for greater clarity" before considering any interest rate adjustments as he expects President Trump’s tariffs to ...
The effects of the White House’s tariff policy on inflation could be less transitory and more “persistent,” said Powell on Wednesday. “Tariffs are highly likely to generate at least a temporary rise ...