News

Firing or not, Trump may be setting up Powell as the fall guy if the economy tanks
Trump has heaped criticism on the Fed chair in recent weeks for not lowering interest rates. Sources tell BI they see it as a ...
BusinessWorld16d
Fed’s Powell says tariffs likely to boost inflation, slow growth
Trump’s new tariffs are “larger than expected,” and the economic fallout including higher inflation and slower growth likely will be as well, Federal Reserve Chair Jerome H. Powell said on ... rate — ...
Mint17d
Trump tariffs: Why is the US President confident of Fed rate cuts despite Jerome Powell’s inflation warning?
On the other hand, Trump called for Powell to pursue interest rate cuts, citing lower energy prices, interest rates, and inflation, among other things. “This would be a PERFECT time for Fed ...
Business Times18d
Fed’s Powell says larger-than-expected tariffs mean higher inflation, slower growth
[WASHINGTON] US President Donald Trump’s new tariffs are “larger than expected” and the economic fallout including higher inflation and slower growth likely will be as well, Federal Reserve chair ...
Wall Street Journal18d
Powell Warns of Higher Prices, Weaker Growth After Tariff Plan
Federal Reserve Chair Jerome Powell said the U.S. economy will likely ... time price increases don’t lead to persistently higher inflation.
KXLY 4 News18d
Jerome Powell warns on Trump’s tariffs: High inflation could be here to stay
Washington (CNN) — 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 ...
Fed Chair Powell Just Made His First Comments on Trump's Tariffs. Here's the Hidden Message for Investors.
Federal Reserve Chair Jerome Powell has been trying to guide the economy to a "soft landing." After inflation spiked in 2022 following pandemic stimulus and supply chain crunches, the central bank ...
Forex Factory18d
Powell says tariff inflation 'could be more persistent' as Trump urges him to cut rates
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 that ...
AI Alarabiya18d
Fed’s Powell says larger-than-expected tariffs mean higher inflation, slower growth
“While tariffs are highly likely to generate at least a temporary rise in inflation, it is also possible that the effects could be more persistent,” Powell said. “Avoiding that outcome would ...
The Spokesman-Review18d
Powell says Trump’s tariffs raise risks of higher inflation and slower growth
Jerome Powell ... pandemic to bring inflation back down to its 2% target while avoiding a recession. Just a couple of months ago, the prospects of this so-called “soft landing” looked bright ...
CBS News18d
Fed chair says Trump tariffs will likely raise inflation, slow economic growth
while it would raise rates — or keep them elevated — to slow spending and combat inflation. "We are closely watching this tension between the hard and soft data," said Powell. "As the new ...