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 ...

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 ...

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 ...

The outlook for the U.S. economy is still highly uncertain, with “elevated risks of both higher unemployment and higher inflation,” Powell said in prepared remarks at the annual conference for ...