Expect meaningful pullback in consumption if the tariffs do in fact stand: when faced with a 10–20 percent price increase on a product they usually buy, 58 percent of respondents say they would look ...

"We are well positioned to wait for greater clarity before considering any adjustments to our policy stance," said Fed Chair Jerome Powell in prepared remarks at the Society for Advancing Business ...

Federal Reserve Chair Jerome Powell on Friday rebuffed President Trump’s call for the central bank to immediately cut interest rates — warning that the administration’s sweeping new tariffs ...

Federal Reserve Chair Jerome Powell said Friday that the size and potential economic harm of President Trump’s new tariffs were far larger than anticipated, raising new challenges as the bank ...

Fed Chair Jerome Powell warned on Friday that President Donald Trump’s sweeping tariffs would likely push inflation higher, dampening investors’ hopes that the central bank would cut interest ...

US President Donald Trump on Friday called for Federal Reserve Chairperson Jerome Powell to go for interest rate cuts, citing lower energy prices, interest rates and inflation among others.

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 ...

Federal Reserve Chairman Jerome Powell, right, addresses the Society for Advancing Business Editing and Writing in Virginia on Friday. While striking a cautious note, Powell also did not sugarcoat ...

Federal Reserve Chair Jerome Powell said recently that the U.S. economy will likely face a period of higher prices and weaker growth owing to President Trump’s new tariffs. Photo: Tierney L.

Federal Reserve Chair Jerome Powell is set to give remarks Friday morning on the state of the economy, just days after President Trump announced new tariffs on nearly all foreign imports.