Fed Chair Jerome Powell said inflation is unlikely to make further progress this year due in part to Trump's tariffs. He added that the Fed's inflation forecast is rising primarily due to ...

Federal Reserve Chair Jerome Powell on Friday appeared to back away from a "base case" view that inflation from President Trump's new tariffs could be transitory, saying that "it is also possible ...

Noting that tariffs could both push up inflation and slow the economy, Federal Reserve Chair Jerome Powell said Friday the central bank will be especially vigilant about keeping inflation in check.

Federal Reserve Chair Jerome Powell said at a conference Friday that President Donald Trump's tariffs are likely to increase inflation and slow economic growth, saying the central bank will do ...

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 ...

Fed chair J Powell saying today the Central Bank is very much in a wait-and-see mode now that bigger than expected tariffs could lead to lower growth and possibly longer-lasting inflation. A ...

Powell called tariff-driven inflation as potentially "transitory." He dismissed the University of Michigan inflation report as an "outlier." Markets rallied after Powell’s remarks, with the S&P ...

While Powell did not mention the president by name, he told reporters Wednesday that the Fed is bracing for import taxes to impede its fight against inflation. “I do think with the arrival of ...

ARLINGTON, Va. (AP) — The Trump administration’s expansive new tariffs will likely lead to higher inflation and slower growth, Fed Chair Jerome Powell said Friday. Watch Powell’s remarks in ...

Federal Reserve Chair Jerome Powell said Friday that he expects President Donald Trump's tariffs to raise inflation and lower growth, and indicated that the central bank won't move on interest ...