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Tariffs will likely push inflation higher, Fed Chair Jerome Powell warns, rebuffing Trump’s bid to cut rates
His remarks come amid growing unease in financial markets as the impact of Trump’s latest round of tariffs on key trade ...
Jerome Powell Surprised by Tariffs: Risks Higher Inflation, Slower Growth
Powell's emphasis on controlling inflation suggests the Fed is likely to hold its benchmark interest rate at around 4.3 percent.
Fed's Powell addresses Trump's tariffs, says officials' job is to contain inflation
Fed's Powell said the economy is in "good place," and officials must keep inflation controlled. His remarks suggest the ...
Fed’s Powell warns on tariffs: Fallout likely to be ‘significantly larger than expected’
Trump blasts the Fed chief for ‘PLAYING POLITICS’ and says now would be a ‘PERFECT time’ to cut interest rates.
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Jerome Powell warns on Trump’s tariffs: High inflation could be here to stay
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 ...
Fed Chair Jerome Powell Warns Trump Tariffs Could Lead to Higher Inflation, Slower Growth—but Admits Full Impact Remains Unclear
The post Fed Chair Jerome Powell Warns Trump Tariffs Could Lead to Higher Inflation, Slower Growth—but Admits Full Impact ...
Fed Chair Powell says he expects Trump's tariffs will hike inflation and slow growth
"While tariffs are highly likely to generate at least a temporary rise in inflation, it's also possible the effects will be ...
CoinDesk9d
Jerome Powell Makes No Promise to Ease Policy; Fed to Stay Focused on Inflation
U.S. Federal Reserve Chairman Jerome Powell promised to keep his eye on the inflation ball even as the president's tariff ...
Fox Business9d
Fed Chair Powell says tariffs likely to cause inflation to rise, could be persistent
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 ...
Forbes9d
Tariffs Will Increase Inflation, Jerome Powell Warns—As Trump Pressures Fed To Cut Rates
WASHINGTON, DC - MAY 01: Federal Reserve Bank Chair Jerome Powell announces ... Committee meeting, Powell said the U.S. economy continues to show momentum and inflation has remained high in ...
Fed's Powell says larger-than-expected tariffs likely to boost inflation, slow growth
President Donald Trump's new tariffs are "larger than expected," and the economic fallout including higher inflation and ...
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Jerome Powell Warns of Weaker Growth After Tariff Plans
Autulio Bomfim, former adviser to Powell gave a comment on potentially cutting rates. Bomfim claims that if inflation rises, unemployment will rise in the months and years after. Because of that ...