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It remains a loaded term, especially for critics of the Fed’s handling of pandemic-era inflation. Some worry that Powell may be mistakenly playing down the risks of Trump’s trade war ...
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 ...
Jerome H. Powell, chair of the Federal Reserve, has raised concerns over the potential economic fallout from President Donald Trump’s tariffs. With inflation already a key issue, Powell warns ...
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 ...
On Wednesday, Powell addressed the Economic Club of Chicago and said Trump’s tariffs are “highly likely to generate at least a temporary rise in inflation.” Trump pushed back against Powell ...
Fed Chair Jerome Powell said Wednesday that he continues to look at the overall progress that inflation has made in moving back toward the central bank’s 2% target. While the bank’s latest ...
Federal Reserve Chair Jerome Powell expects President Donald Trump's tariff campaign to push inflation, the central banker said in a Wednesday speech. Powell emphasized the inflation risks and ...
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 ...
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.
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 ...