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The post Fed Chair Jerome Powell Warns Trump Tariffs Could Lead to Higher Inflation, Slower Growth—but Admits Full Impact ...
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.
Jerome Powell, the 16th chair of the Federal Reserve, has an estimated net worth of $55 million.
Federal Reserve Chair Jerome Powell has been trying to guide the economy to a "soft landing." After inflation spiked in 2022 ...
President Donald Trump’s tariff increases will be significantly larger than expected, likely increasing the risk of higher ...
U.S. Fed Chair Jerome Powell says the Trump administration's expansive new tariffs will likely lead to higher inflation and slower growth.
The Federal Reserve’s decision to dramatically decelerate the pace of its balance sheet drawdown last month garnered broad ...
The Federal Reserve’s decision to dramatically slow the pace of its balance sheet drawdown last month was supported by nearly ...
Wall Street kicked off Friday with another brutal stretch of losses driven by President Trump’s new tariffs despite stronger ...
Powell's comments suggest the Fed will mostly focus on inflation. "At the Fed, we are squarely focused on achieving the dual-mandate goals Congress has given us of maximum employment and stable ...
I’ve gone from Dr. Doom to Dr. Boom,” said Nouriel Roubini, referencing the moniker he earned for his pessimistic economic ...